Yet another major project in capital Amaravati was called off by the Jagan-led government on Monday. Making it official, the Singapore-based website ‘The Straits Time’ confirmed the news that the joint project between Singapore and Andhra Pradesh to develop the state’s new capital called Amaravati has been officially terminated. The CMO also released a press release on Tuesday which read that the Ministry of Trade and Industry decided to close the Amaravati Capital City Start-Up Area project on mutual consent between the two parties.
It was already announced that the State’s Cabinet has decided to wind up the project followed by which the Andhra Pradesh Capital Region Development Authority on Tuesday was issued orders to halt the development of the start-up area which was planned across 6.84 km in Amaravati. Singapore Amaravati Investment Holdings (SAIH) issued a separate statement which said: “Following the change in the scenario for the development of Amaravati Capital City, it is no longer feasible to develop the Amaravati Capital City Start-up Area as originally planned.”
