₹ 1,448 crore sanctioned for Krishnapatnam Port development

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The state government has issued an administrative sanction of 1,448 billion yen to promote the development of Krishnapatnam Port in Nellore District.

Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and NICDIT have jointly formed as SPV (NKICDL) with equity participation from central and state governments to establish, promote and develop the Krishnapatnam Industrial Node as part of the Chennai Bengaluru Industrial Corridor Project to facilitate.

Job creation

The development work extends over 2,500 hectares and by 2040 will create around one million direct and indirect jobs in sectors such as food processing, automotive and auto components, textile and clothing industry, chemistry, pharmaceuticals, manufacturing of electrical appliances and manufacturing generate of computer electronics and optical Products.

The Krishnapatnam Industrial Node will be developed with an infrastructure consisting of roads, bridges, utilities, STP, CETP and waste management, administration building, power supply system and water supply system.

Court preview

The tender document has been uploaded to the Judicial Preview website for the general public.

Interested parties can submit their comments and suggestions at any time within seven working days via the website or by email. Website link is https://judicialpreview.ap.gov.in

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