The Andhra Pradesh government said today adopt “Swiss Challenge” method for selecting master your area of the proposed state capital Developer: HYDERABAD.
“The procedure for the Swiss Challenge will be as prescribed in the Act on Infrastructure Development AP 2001 Enabling” said a press release issued by the state government.
The government proposal will receive competent and experienced developers in the municipal administration and urban development, to add ..
The government will receive proposal was competent and experienced developers in the municipal administration and urban development, he added.
Infrastructure authority, chaired by the Chief Secretary, conduct due diligence before the proposal is appreciated and put to the challenge, he added.
The government had recently appointed the state capital proposed as Amaravati.
Under the Swiss Challenge, a developer will be asked to submit a bid. Then, they would be asked to other potential developers to bid counter. Whichever is less, you will be asked to first bidder to submit another offer again.
If the first bidder comes with the lowest bid, then it gets the right or if it fails, the one with the lowest bid gets the project.
In order to provide a perspective of global investors to Andhra Pradesh to be the best business destination, Chief Minister N Chandrababu Naidu government will launch tomorrow Industry Mission in Vizag. This massive event will also witness the inauguration of Industrial Policy and Policy Sector of the State, other than the implementation of a portal-stop shop (which grants permits for industrial projects within 21 days).
Since recent studies estimate that the growth rate of India will surpass global superpowers such as the US, the Mission of the Industry of the AP will contribute to ‘Make in India’ initiative which will give a major boost to the well as the national economy of the state, an official from the current CMO said.
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The State Government signed 46 MOUs with 46 companies from India and countries like Japan, UAE, Canada, etc, bringing total investment of Rs 35.745 million rupees. These MOUs include investments in the sectors of petrochemicals to energy, infrastructure, electronics and manufacturing, food processing, textiles, automobiles, and others, thus creating 72 210 new jobs in the state. As part of the MOU signed, 48 units will be installed in the state, stretching across several districts. Among them, a company will launch three units. Seventeen companies will be investing in Chittoor district among others.
