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This is an archive article published on March 3, 2023

Amid ‘capital shift’ talk, Vizag gets a facelift, plays host to global investors’ summit, G20 meet

Ministers and government officials in Andhra Pradesh are hopeful that the two summits will elevate the status of Visakhapatnam and it will soon be the state capital

YS Jagan Mohan Reddy Andhra Pradesh G20The chief minister had on January 30 announced at the International Diplomatic Alliance Meet in New Delhi that Vizag would be the capital of Andhra Pradesh shortly, and invited investors to the city. (File)
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Amid ‘capital shift’ talk, Vizag gets a facelift, plays host to global investors’ summit, G20 meet
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With Visakhapatnam playing host to a global investors’ summit and a G20 meeting this month, the Andhra Pradesh government is likely to use the events to give a push to Chief Minister Y S Jagan Mohan Reddy’s idea to make the city the state capital.

Ahead of the two-day Andhra Pradesh Global Investors Summit 2023 on March 3 and 4, the port city with a scenic beach road has been given a Rs 100-crore facelift. Roads and traffic islands have been beautified and key tourist attractions like Rushikonda beach have been spruced up.

The chief minister had on January 30 announced at the International Diplomatic Alliance Meet in New Delhi that Vizag would be the capital of Andhra Pradesh shortly, and invited investors to the city.

Industries Minister G Amarnath said that the global investors’ summit and the G20 summit working group committee meeting on March 28-29 have elevated the status of the city and it will soon be the capital of Andhra Pradesh.

Sources said that a few buildings that are being constructed on Rushikonda hill after demolishing an old hotel may be used to house some of the state government offices, including the CM’s office.

Apart from the famous port and steel plant, Visakhapatnam also has a vibrant pharma industry with close to 40 units in the Parwada Special Economic Zone and the state government is anticipating major investments in the pharma sector in the city and in other clusters of the state.

In Visakhapatnam, officials are keen to promote the Nakkapalli and Rambilli clusters as new industrial development zones owing to their proximity to the city and national highways. The development of these clusters will also give a fillip to the growth of Visakhapatnam as a capital city, officials added.

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Municipal Administration and Urban Development Minister Audimulapu Suresh said that five beaches of the city are being developed to international standards to promote tourism. Visakhapatnam would also be promoted for investment in the renewable energy sector through solar and windmill parks.

With top Union ministers and leading industrialists like Mukesh Ambani, Kumar Mangalam Birla and many others gracing the summit on Friday, the city is all set to take the leap, he added. Suresh said that after beautification, with landscaping and median beautification, the city bears a new look.

Realtor Raghava Varma said that developers are looking for opportunities to launch new township projects with the city poised to become the capital. “Real estate prices have already gone through the roof in recent months. Development is taking place towards Vizianagaram now,” he said.

Sreenivas Janyala is a Deputy Associate Editor at The Indian Express, where he serves as one of the most authoritative voices on the socio-political and economic landscape of Telangana and Andhra Pradesh. With a career spanning over two decades in mainstream journalism, he provides deep-dive analysis and frontline reporting on the intricate dynamics of South Indian governance. Expertise and Experience Regional Specialization: Based in Hyderabad, Sreenivas has spent more than 20 years documenting the evolution of the Telugu-speaking states. His reporting was foundational during the historic Telangana statehood movement and continues to track the post-bifurcation development of both Telangana and Andhra Pradesh. Key Coverage Beats: His extensive portfolio covers a vast spectrum of critical issues: High-Stakes Politics: Comprehensive tracking of regional powerhouses (BRS, TDP, YSRCP, and Congress), electoral shifts, and the political careers of figures like K. Chandrashekar Rao, Chandrababu Naidu, and Jagan Mohan Reddy. Internal Security & Conflict: Authoritative reporting on Left-Wing Extremism (LWE), the decline of the Maoist movement in former hotbeds, and intelligence-led investigations into regional security modules. Governance & Infrastructure: Detailed analysis of massive irrigation projects (like Kaleshwaram and Polavaram), capital city developments (Amaravati), and the implementation of state welfare schemes. Crisis & Health Reporting: Led the publication's ground-level coverage of the Covid-19 pandemic in South India and major industrial incidents, such as the Vizag gas leak. Analytical Depth: Beyond daily news, Sreenivas is known for his "Explained" pieces that demystify complex regional disputes, such as river water sharing and judicial allocations between the sister states. ... Read More

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