A 60-km-long trackless tram system will be developed as part of the Vizag Metro Rail Project, which will be developed to connect RK Beach and Bheemili, NAD and Pendurthi and other sparsely populated areas.
Vizag Port will take up the construction of a cruise and coastal cargo terminal worth Rs 770 mn in the coming months, with financial assistance from the Centre. The Ministry of Tourism has reportedly agreed to bear half the cost needed for the project as a grant.
Our mission aims at efficiently utilising the available assets, resources and infrastructure to enhance the quality of urban life, says M Hari Naryanan, Municipal Commissioner, Greater Visakhapatnam Municipal Corporation (GVMC).
At Visakhapatnam, the project launch included an upgradation of existing iron ore handling facility at Vizag Port at Rs 5.80 bn involving modernising and upgrading the old iron ore handling facility to handle larger vessels.
The Vizag port run by the Essar Group will reportedly be shutting its operation for a week prior to the commissioning of a new 8,000-tonne per hour ship loader. As per reports, the commissioning of the ship loader is part of the port's Rs 830 -crore modernisation and expansion project.
The Greater Visakhapatnam Municipal Corporation (GVMC) is planning to soon start the second phase of studies related to developing Vizag as a smart city. The United States Trade Development Agency (USTDA) had come forward to provide financial assistance, following which the first phase of studies was completed and the second phase will be initiated soon.
Ministers and experts from BRICS countries will discuss urban transition and the attendant challenges in the member countries over a three-day conference in the emerging smart city of Vizag, Andhra Pradesh, which seeks to promote cooperation among member countries in urban sector.
Asian Paints, India´s largest and Asia´s second largest paint company, has maintained its position of being a leader in the paint industry with a market share of 53 per cent, in spite of intensification of competition in the industry. The company, along with its subsidiaries, has operations in 19 countries across the world.