National

Andhra Pradesh extends timeline to develop Machilipatnam port, opts for land pooling

Our Bureau Hyderabad | Updated on January 22, 2018 Published on September 05, 2015

The project is to be completed in three years, says Cabinet

The Andhra Pradesh government has decided to extend the timeline for development of the Machilipatnam port project by three years.

The State Cabinet has decided to go ahead with the project in spite of resistance from the farmers to land acquisition. The land required for the project will be met by taking to land pooling process.

The Cabinet, chaired by Chief Minister N Chandrababu Naidu, extended the project schedule by 36 months for its completion. While extending the deadline, the Government decided to pool land, keeping land acquisition as the last option. Briefing newspersons after the meeting, Information Minister Palle Raghunatha Reddy said the Machilipatnam Port Ltd was accorded permission for the development of the Greenfield deep water port but could not go ahead due to difficulty in land acquisition for the project implementation. In another important decision, the Cabinet approved allotment of 505 acres of land to Divis Laboratories at Kakinada for a new project.

The Cabinet also approved allocation of 264 acres for development of an incubation park in Anantapur district to be developed with an outlay of ₹450 crore.

The AP Industrial Infrastructure Corporation land of 1,589 acres will be allotted for the development of the Kakinada special economic zone.

The Government decided to use the 1,740-acre land at Bheemunipatnam near Visakhapatnam to develop IT and other industrial projects. This land parcel allocated to Unitech for development of an integrated knowledge has been cancelled as it failed to take up the project and reallocated for IT Park.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on September 05, 2015
null
This article is closed for comments.
Please Email the Editor