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States - Andhra Pradesh
Vizag to get Rs 120-cr market yard

Our Bureau

Visakhapatnam, Jan. 6 The State Government is planning to set up a modern market yard, with cold storage and other facilities, on the outskirts of the city at a cost of Rs 120 crore, according to Mr M. Marappa, the Marketing Minister.

He said the project would be taken up under public-private partnership and the tenders for the project would be finalised soon. The Union Government would subsidise the project to the extent of 25 per cent and 50 acres would be required for it. “We are searching for a suitable site,” he said.

The Minister said such market yards were also being planned in Hyderabad and Tirupati.

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