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Post bifurcation of the
state, Andhra Pradesh government has declared “Amaravati” as the new capital for
the new state of Andhra Pradesh. The development of the New Capital City will be
on a green field site of 217.23 sq km located on the banks of river Krishna spread
across Thullur, Mangalagiri & Tadepalli mandalsof Guntur district within the Capital
Region. The Capital Region comprises of an extent of 8,603.32 Sq.km straddling on
both sides of the Krishna River in both Krishna and Guntur districts.
“Amaravati”
is envisioned to be the “People’s Capital of Andhra Pradesh” and pioneer Smart City
of India. It will capitalize the rich heritage and culture possessed by the region
and utilize it to create a unique identity to serve as an economic powerhouse and
administrative center by creating a range of jobs, affordable and quality homes
to all its residents and providing high quality urban services in line with global
quality of life standards.
Being a Greenfield development, sustainability and efficient
management of resources will form another important pillar of the City that will
be supported by maintaining the clean and green character. The project will serve
to create jobs for existing resident villagers by upgrading their skills, as well
as provide high-tech and knowledge based industry jobs to be globally competitive.
Economic development of Amaravati city is expected to create 1.5 million jobs by
2050, with over 45% through direct employment.City’s positioning as an economic
powerhouse will structurally move economic activities in the region towards more
knowledge driven trades.
Amaravati green field project opens up a plethora of opportunities
for investments majorly in but not limited to below sectors
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S.No
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Project
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1
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Infrastructure development
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2
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Housing development
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3
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Commercial development
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4
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Health care projects
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5
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Education projects
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6
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Tourism & Recreation projects
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7
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Manufacturing
projects
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8
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Support &Service Projects
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