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Singapore Govt will only plan AP Capital Amaravathi

17th April, 2015 4:27pm     Andhra Pradesh      Comments  

Singapore Govt will only plan AP Capital Amaravathi

Preparing the master plan for the AP Capital, the Singapore Government will not be preventing private companies from participating in selection for global tenders of the master developer.

Singapore Minister for foreign affairs K. Shanmugam clarified Singapore Government’s role in the construction and development of the AP Capital and said that AP government will be developing only the master plan while the construction will be left to the private sector.

Singapore’s strength is in huge constructions and Singapore intends to team up with Japan as it has companies that have taken up large-scale constructions, said Mr Shanmugham who added that the companies would come forward if the capital construction project was economically practical.

He said that the initial outline for the master plan has been completed and the construction will begin once the detailed plan is completed. Also, that the AP Government will need a master developer, capital and global participation, said Mr Shanmugham.

On the timeline for the construction of the Capital, he said AP Government would be the one to comment on it and added that the master plan is made keeping in view the needs of a population till 2050.

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