In what is being seen as significant move towards construction of brand new Metro Rail projects in Vijayawada-Guntur-Tenali-Mangalagiri urban area and also Visakhapatnam, sources say that AP government has reportedly taken an initiative. They have formed two separate Special Purpose Vehicles for executing the projects.
The SPVs are completely owned by the government. Principal Secretary (municipal administration) D. Sambasiva Rao has reportedly gave the details. He has said that Metro Rail Mass Rapid Transit System in Vijayawada, Guntur, Tenali and Mangalagiri area would be covering four corridors and will be covering 49 km in first phase.
In Visakhapatnam the metro will be having four corridors and will cover a distance 20 km in first phase, which is expected to give a big boost for development in this city. It is needless to say that in case new capital is located near Vijayawada- Guntur, then the Metro would be ready by the time capital is ready which ushers good connectivity and brand image.
What remains to be seen is how the funds are going to be gathered for these projects.