Ranks #1 in Ease of Doing Business in India
Andhra Pradesh has established itself as one of the most prominent connection points with major world markets. The state is a logistics marvel on the eastern coast of India with 6 ports, 6 airports, over 123,000 km of road network and 2,600 km of rail network and round the clock power supply. The state has an installed power capacity of over 23,000 MW.
Andhra Pradesh has industries around biotechnology, information technology (IT), textile and leather, automotive and auto components and agriculture sectors. Sri City Special Economic Zone that houses 150 companies from 27 countries, is a key example of well-planned infrastructure at a strategic location near Chennal. Amaravati, the upcoming greenfield capital city of Andhra Pradesh, is being built in collaboration with the ‘Governments of Japan, Singapore and UK. The capital city offers world-class infrastructure and is being promoted as the medical-tourism hub of India.
A public-private partnership (PPP) is a project delivery model whereby private entities undertake large-scale engineering and construction projects, often on works with defined objectives and criteria under the supervision of a government agency for mutual benefit.
BOOT (build, own, operate, transfer) is a project that transfers the risk and responsibility for the design, construction and operation of a large public infrastructure to private developers.