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Tenders Called Globally for AP Capital


AP Government is keen calling for Global Tenders for construction of new capital Amaravati soon after Singapore Government submits the Master Plan in May last week or June first week. Chief Minister Chandrababu Naidu will once again travel aboard during this period to attract investors. Most likely, Singapore or Japan Governments gonna play a key role in the construction of AP Capital.

State Government is planning to invite PM Narendra Modi, Representatives of Singapore and Japan Governments for the foundation stone function of New Capital in June this year.

AP Government will submit a Detail Project Report (DPR) of New Capital to Centre soon after Singapore submits the Master Plan. In the last financial year, Centre sanctioned Rs 1,500 crore for AP Capital and it willn't be releasing additional fund unless this amount is spent.

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