Andhra CM Naidu promotes rapid development through PPP mode

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....ndhra CM Naidu promotes rapid development through PPP mode<BR>PTI News<BR>Dated:- 24-4-2025<BR>PTI<BR>Amaravati, Apr 24 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday directed officials to promote large-scale development projects through the Public-Private Partnership (PPP) model for accelerated growth, said an official press release. Naidu said that PPP is the most effectiv....

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....e path to achieve the Swarnandhra-2047 (Golden Andhra-2047) vision and attract substantial investments into the state’s development ecosystem. "To drive rapid growth through PPP, we must tap every available resource and efficient mineral management is important to get additional revenue," Naidu said in the press release. The chief minister said that the previous PPP initiatives had delivered....

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.... good results. He further reviewed ways to expand PPP implementation with officials at the secretariat. He emphasised prioritising PPP in roads, ports, healthcare, tourism and public facilities by treating each district as a self-contained development unit. Naidu noted that such partnership helps boost capital expenditure within the state budget and directly supports development targets. Centre ....

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....promotes such planning through the India Infrastructure Project Development Fund. Officials were instructed to resolve issues like land allocation delays, permit bottlenecks and disputes. Ignoring PPP agreements earlier had caused long-term losses, he remarked. Meanwhile, officials appraised the chief minister that the detailed project reports (DPRs) are ready for 1,422 km across 20 roads unde....

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....r PPP. This could potentially extend to 8,893 km depending on feasibility and state planning, they said Naidu said that the government will seek support from the National Bank for Financing Infrastructure and Development (NABFiD) and the National Investment and Infrastructure Fund (NIIF) for new initiatives. Tourism and logistics will be enhanced by leveraging India’s third-largest coastline an....

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....d capital city growth. PTI MS STH HIG HIG HIG<BR> News - Press release - PIB....