Ever since bifurcation, Vizag has seen some very prestigious investment proposals but land scarcity seems to be causing a headache to the government. There are several new proposals in Vizag. While land for IIM near Anandapuram and Asian paints / NTPC at Pudimadaka have been identified, other projects such as at Entertainment city by Eros, new international airport at Bhogapuram, naval base at Rambilli, new pharma city, IT and ITES hub at Madhurawada are some of the others still waiting for land finalisation.
Here are some reports from “Times of India” in this respect.
“We have some land available at Donakonda in Prakasam district and in Kurnool district, which will be sufficient for the project, but they are keen on Vizag,“ said another tourism department official. “The revenue department has been asked to collect details from the district administrations of Visakhapatnam, Vizianagaram and Srikakulam if there is unused land of around 2,000 acres available for the project. We are yet to receive information about it,“ the official added.
“At JNPC, we still have space for around 15 more companies. But I feel there is need to have another Pharma City because we are getting a lot of queries from small domestic pharma players who require plots of land of about two to five acres. JNPC is not able to fulfill the demand of smaller players as we have bigger plots,“ JNPC chief executive officer Lal Krishna said.
He also said that if the minimum alternate tax (MAT) issue is resolved, many more MNCs will consider setting up units in Vizag. According to Lal Krishna, Vizag is drawing a lot of interest from pharma players, especially bulk drug manufacturers, because of good infrastructure. “Very few places in the country can boast of a seaport, along with an international airport and highway connectivity ,“ he explained.
Confirming the trend, Sanjit Singh Lamba, managing director of Japanese pharma giant Eisai India’s operations said, “There are a couple of MNC and Indian players within the JNPC who want to expand but do not have adequate land. Hence, certainly there is a need for another pharma cluster. I feel another reason that many small pharma players are keen on coming to AP is because of the much-talked about special incentives.“ Meanwhile, Andhra Pradesh Industrial Infrastructure Corporation (APIIC) chairman P Krishnaiah said, “We will definitely initiate steps to acquire land, if necessary , for another pharma city .“