Proposals are lined up but scarcity of land puts prestigious Vizag projects on notice !!

land urgently wanted in vizagEver 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.

Not enough land available in Vizag for Entertainment City?
The Andhra Pradesh government’s technicolour dreams of seeing a multi-billion dollar Entertainment City spring up in Vizag, courtesy Eros Investments Ltd, could well be shattered if the Naidu government is not able to find the requisite quantum of land for the project soon. In fact, if the government is not able to identify 1,500 acres for the project in eight months, it may lose the prestigious project to another state. Though four months have elapsed since the government inked an MoU with the UK-based Eros Investments Limited in November last year, it is struggling to identify 1,500 acres for the project, said sources. Following the MoU, sources said that Eros had sought a location close to the sea, suitably in Visakhapatnam due to availability of an international airport. The Entertainment City was slated to comprise a media city, an amusement park, commercial and residential spaces, hotels as well as leisure and healthcare facilities. The media city was to house pre-production, production and post-production facilities for the film, TV and advertising industries.

 

“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.

Drug makers seek land for 2nd pharma city in AP
Buoyed by a healthy demand, the Bulk Drug Manufacturers Association (BDMA) has urged the AP government to allot 3,000 acres for setting up a second Pharma City . BDMA had played a crucial role in the establishment of the existing Jawaharlal Nehru Pharma City (JNPC) in Vizag in 2004. “There is no land for expansion in the existing Pharma City , which is why we have requested AP CM N Chandrababu Naidu to give us the opportunity to start something else. We have already worked with 2,400 acres in the JNPC in Vizag and need more land as a lot goes for common infrastructure. So unless there is a critical mass, the developers will not be interested,“ BDMA president Jayant Tagore told TOI. Tagore pointed out that the bulk drug industry is keen on a land parcel that is close to a big seaport and airport, which is why the parcel has to be either near Tada, which is close to Chennai, or between Kakinada and Vizag.

 

“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 .“

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