The upcoming capital of Andhra Pradesh is all set to have the World’s largest ring road. It will be stretching across 18 Kms and will cost $ 5000 million for its construction. Andhra Pradesh government itself claimed this in its brochure prepared to woo investors of Japan.
It is also mentioned that the capital will be having investment opportunities up to $ 20,000-30,000 million in the coming 10 years. Chandrababu Naidu’s government is planning to execute the Ring Road project on Public Private Partnership (PPP) Model. The Chief Minister is aiming to woo some of the Infrastructure Majors in Japan for this project. The Chief Minister’s Japan trip will begin from today and will go on till 29th of this month.
Chandrababu also has the appointments lined up with Japan Prime Minister and Ministers of Land, Infrastructure, Transport and Tourism in his visit. Babu’s team also prepared a presentation of the opportunities in the state to woo the Japanese Investors. Interestingly he is carrying both the English and Japanese versions of the presentation.
