Government gives nod for incentives to six Economic Cities

Friday, February 23, 2018

The State government today approved the recommendations of its Urban Infrastructure Promotion Committee to give various incentives/concessions to six Economic Cities.

The Department of Energy and Infrastructure and Investment, the Economic Cities at Chevuturu and Pinapaka near Vijayawada, Mangalagiri in Guntur distict, Atchutapuram in Visakhapatnam district, Velugubanda near Rajamahendravram, B.Thandrapadu and Tadakanapalli in Kurnool district and Atchutapuram in Visakhapatnam district are eligible for concessions/incentives.

The UPIC was constituted to evaluate the Economic Cities, make recommendations on incentives, monitor progress of projects and extend policy and resource support to the AP State Township and Infrastructure Development Corporation which would issue LoI.

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