Summary:
Master plan readyWith the Master Plan ready, foreign investors are showing a keen interest and delegations are likely to visit in the next few weeks. It has also roped in the APUIAML, a joint venture of the State government and IL&FS, for the IT City project. “The VMRDA has put forth several development models including the one on PPP mode,” says Mr.
Basanth Kumar. The Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML), a joint venture of the State government and IL&FS, is now vetting the Master Plan for the IT City project. With the experience of handling the Haritha Housing Project, the VMRDA is insisting on an SPV to limit its liability..