The AP government has proposed to construct an `iconic building' with 23 floors in the upcoming capital city of Amaravati for non-resident Indians (NRIs) of Telugu origin.The NRI Bhavan will come up in the core capital area adjacent to government buildings. It will be designed to appear like the Roman alphabet `A'.
"A special purpose vehicle will be created to construct the NRI Telugu Bhavan. We will launch the work after registering a society for Telugu NRIs in Vijayawada," said Vemuri Ravi, advisor to AP government on NRI affairs.He said that the NRI Telugu Society will purchase 25 acres. The building will have a plinth area of about 4 lakh sft. The estimated cost of the project is Rs 150 crore. The proposed society will mobilise funds from NRIs. "We will seek financial aid from NRIs around the world," he said.
The master plan for the capital city has not earmarked space for the structure. But AP chief minister Chandrababu Naidu recently approved the idea. It will be a state-of-the-art structure where economic, entertainment and business activities will be conducted. The design, prepared by a South Korean company , has been approved in principle.
The NRI Bhavan will house a revolving restaurant, a 2,000 sq feet audiovisual auditorium and a 1,000 sq feet amphitheatre. Sources said the state government will entrust the construction to the contracting firm that will construct all the government buildings in Amaravati. The building will also serve as a venue for high-end training programmes. A London-based business school and a few other institutes have agreed to run short term courses. It will also have flats for NRIs.
The NRI wing of the state government will pool donations upward of 1,000 US dollars from Telugu NRIs from 86 countries. Simultaneously , another Telugu NRI Society will be registered in the US, Ravi said, adding that the work will begin in June. NRIs will get tax exemption for donations extended to the NRI society . The issue may be placed before the cabinet next month.
Meanwhile, the state government on Thursday issued orders setting up a committee to monitor the development of a major logistic centre under public-private partnership model in the capital region. Retired IAS officer RK Jha will be the chairman of the committee.