States

Rs 6,400 crore mega projects to give a fillip to road connectivity in Andhra Pradesh

By Express News Service

VIJAYAWADA: Aimed at facilitating higher transportation, road connectivity and to hyperlink mandal headquarters with district headquarters, the Roads and Buildings division has proposed to take up two projects —  AP Mandal Connectivity and Rural Connectivity Improvement Project (APMCRCIP) and AP Roads and Bridges Reconstruction Project (APRBRP) — at an estimated price of Rs 6,400 crore.

The Centre, State authorities and New Development Bank (NDB) signed mortgage agreements for $323 million every (NDB share 70 per cent) for the 2 projects on Wednesday. The settlement was signed by Department of Economic Affairs Joint Secretary Baldeo Purushartha and Principal Secretary (Transport and R&B) MT Krishna Babu and Xian Zhu, vice-president and Chief Operations Officer (CEO) of the NDB. 

This is the largest Externally Aided Project (EAP) to be taken up in the road sector in Andhra Pradesh, officers mentioned.  Disclosing particulars at a press convention held at R&B workplace right here on Thursday, Minister for Roads and Buildings M Shankar Narayana mentioned that Rs 3,200 crore every might be spent on the 2 projects — APMCRCIP and APRBRP — with the monetary help of the NDB (NDB share-70 per cent & State share-30 per cent) for offering double lane connectivity from district headquarters to mandal headquarters and mandal head quarters to adjoining mandal headquarters. Under the venture, 3,104 kms of roads might be widened and development/reconstruction of 479 bridges might be taken up, he knowledgeable. The minister mentioned administrative sanction was accorded for the primary part works price Rs 2,978 crore for the event of 1,243 km of roads. Tenders have been invited after the Judicial Preview. 

The division saved round Rs 85.43 crore by going for reverse tendering for the primary part works. Letters of authorisation (LOAs) have been issued for all 13 packages. The first part of works might be grounded in February and DPRs for the second part of works are nearing completion. As per the rules, the State authorities has to full the tendering course of for at the least 30 per cent of the venture price for getting into into the mortgage settlement with the NDB. Recently, the division has accomplished the tendering course of for the primary part works, coming to 45 per cent of the venture price. 

“The two projects are expected to improve mobility and connectivity to the socioeconomic centres, enhance transport efficiency, improve road safety and riding quality, and provide all-weather accessibility to the road users. The projects will contribute to the development of infrastructure, enhance road connectivity and safety, and provide connectivity between adjoining mandal headquarters and rural areas. The projects will also have a positive impact on employment generation and economic well-being,” Krishna Babu defined.

The Principal Secretary additional mentioned that the projects will develop the capability of roads with excessive vehicular visitors, enhance last-mile connectivity to ports and industrial hubs and improve connectivity to rural areas, contributing to the improved socioeconomic growth of the State. NDB funding will assist bridge the funding hole for road infrastructure growth and help the State authorities in reaching its purpose of enhancing connectivity between socioeconomic centres in the State, the Principal Secretary added.

Later, Shankar Narayana together with Chief Secretary Adityanath Das and Krishna Babu known as on Chief Minister YS Jagan Mohan Reddy at his camp workplace in Tadepalli, and gave a detailed presentation on the 2 projects. The Chief Minister counseled the efforts of R&B officers for making certain transparency in the tendering course of. He additionally mentioned that the 2 projects, after coming into operation, will present job alternatives for the youth and enhance connectivity with ports and industrial hubs from rural areas of the State.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button