2600 acres allotted to 4 projects APIIC chief

first_imgAnantapur: Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has allotted about 2,600 acres for four major projects in the district. The four projects include Bharath Electronics Limited (BEL), National Academy of Customs, Excise and Narcotics (NACEN), APADE Park and Kia Motors India Private Limited. The four projects are investing Rs 15,000 crores These four projects are expected to generate 15,000 employment for the jobless in the district. APIIC Chairperson RK Roja told The Hans India that the APIIC is committed to the industrialisation of the district. Also Read – AP Cabinet to meet on September 4 Advertise With Us She says that the four industrial projects would have a cascading effect positively on the industrialisation of the district with a host of ancillary industries pertaining to the projects concerned making a beeline to generate employment. More than the high-profile projects generating massive employment, it would trigger generation of innumerable jobs in the small and medium ancillary sectors. Roja stated that there are several enquiries from South Korea on setting up more shops both in the district and other districts in AP State. Also Read – A mother abandoned newborn baby girl in Chirala Advertise With Us The APIIC, she mentioned, is presently doing all the groundwork to cater to possible industrialisation of the State by acquiring lands and creating a land bank and all infrastructure facilities and amenities relating to the new projects. The APIIC, she says, is planning to develop industrial parks in all the Assembly constituencies in the State. In the district, Hindupur, Puttaparthi, Rapthadu and Madakasira had been zeroed on for establishing industrial estates in 400 acres in the four constituencies. Nearly 1,700 acres of land had been pooled to accommodate new projects.last_img

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