APCRDA Comes One Step Closer Towards Achieving Amaravati Dream
In a move that has taken the building of the capital region one step ahead, the Andhra Pradesh Capital Region Development Authority (APCRDA), has invited applications from international firms to bid for the development of the region, through the ‘Swiss Challenge’ approach. This was approved by the AP cabinet and an order was issued to APCRDA on July 4.
As per the Swiss Challenge approach (to build the greenfield capital city), the proposal submitted by the Singapore consortium can be challenged by other potential, suitable developers. If the proposal put forth by a competing firm beats the Singapore proposal, then the mandate to build the capital goes to the other party.
The bidders must submit their proposals through the website before 3 pm on September 1 this year.
The Singapore-based consortium has already designed three masterplans for Amaravati, covering three areas: seed capital (16.9 sq. km), capital city (217 sq. km) and capital region (7,420 sq. km); designed by Jurong International Holdings Pte. Ltd and Surbana International Consultants Pte. Ltd.
The revenue-deficit Andhra Pradesh has time to build a world class capital till 2024 and by the looks of it, the state government is striving hard to achieve that goal.