63K cr works soon: Lokesh

IT and Education Minister Nara Lokesh has said that the construction and developmental works by the government and private sectors in and around the capital Amaravati, worth USD 7.5 billion (Rs 63,000 crore) will start soon.
Lokesh, who is currently touring the USA, has appealed to industrialists to invest in the state, which has a favourable environment in all aspects.
“I explained that various construction and development works will be started in the vicinity of the capital Amaravati with USD 3 billion in the government sector and USD 4.5 billion dollars in the private sector,” Lokesh said in a social media post on Sunday night.
He further said new green field seaports are coming up at Machilipatnam, Ramayapatnam, Kakinada and Moolapet areas of the state.
He also said the upcoming Visakhapatnam International Airport at Bhogapuram is set to boost large-scale economic activities there. The work on the airport will be completed in the next 18 months.
The minister said an AI (artificial intelligence) university will be set up in Amaravati which will cater to the needs of new firms working in the sector.
Lokesh said he met some industrialists at the residence of Dropbox co-founder Sujay Jaswa in San Francisco.
The minister will participate in the IT Serve Alliance Synergy Conference to be held in Las Vegas on October 29 and unveil the idol of former Chief Minister N T Rama Rao in Atlanta, USA on October 31.
In a post on Monday, Lokesh said he visited Tesla headquarters and met with its Chief Financial Officer Vaibhav Taneja in Austin and pitched Anantapur district as the perfect destination for its eclectic vehicles and battery units.
In a separate post, he said he met with Ross Perot Jr. Chairman of Perot Group and Hillwood Development, in Dallas and discussed how the coastal region of AP has an ideal environment for developing industrial and logistics parks on the lines of their Alliance Texas project.
“Looking forward to collaborating with Perot Group for smart city projects and the development of our larger cities,” Lokesh said.
The Perot Group is a global player in the real estate, technology, data and energy sectors. It is recognized for developing Alliance Texas, a 27,000-acre master-planned community.