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    <description>ADB prepared a Conceptual Development Plan for the Vizag Chennai Industrial Corridor; Visakhapatnam and Chittoor were prioritized and approved by NICDIT for phase 1, with ADB completing initial master planning. Financing agreed between the State and ADB comprises a multi tranche facility for infrastructure, a policy based loan for policy and institutional reforms, a grant for climate resilient infrastructure in Visakhapatnam, and technical assistance; construction commencement remains undetermined.</description>
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