APIIC’s 1300 acres land in Kapuluppada, Vizag may be converted into a mega IT zone !!

With non-availability of land hindering the progress of the IT sector, in Vizag, the Silicon Valley of Aft the APIIC is moving swiftly to create IT space in the city. The APIIC has finalised a consultant to prepare the master plan for an integrated mega IT township in Kapuluppada on a 1351 acre parcel of land. Agreements in this regard are expected to be signed within a week.

Vizag IT companiesThe APIIC had issued a request for proposal to select a consultant to prepare the master plan last month and had received at least a dozen bids. The proposed integrated IT township is expected to comprise multiple products and services which are required for smooth operations of core IT & ITES activities including business centres, office spaces, residential options, retail spaces, recreation and leisure options, hospitality options, public spaces, academy /institutes, healthcare/medical services, banking facilities, IT& ITES ecosystem etc. “We have scrutinised all the proposals submitted by the prospective consultant firms and clarified their queries also. After carefld scrutiny we have finalised a consultant firm as per the parameters and criteria laid by the state govern-ment. We will sign the agree-ment with the consultant firm in a week. Within two months from the day of signing the agreement, the firm will submit the master plan”, said a top official of the APIIC.

The land earmarked for IT sector by the APIIC, like Madhurawada IT SEZ. has already reached saturation point and there are no vacant plots available. The proposed IT signature tower will take at least three years to be completed. Two more planned incubation centres have remained non-starters.

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