Andhra Pradesh chief minister Chandrababu Naidu has predicted that the new capital, Amaravati is likely to generate 20 lakh jobs in the next 25 years with a GDP of Rs 2 Lakh crore.
Vijayawada will host the Happy Cities summit from February 13th and Naidu held a review over the arrangements being made for the summit. Speaking he said, every family in the state would get the economic development benefit of Amaravati and his aim is to make the new capital of AP as the one of the happiest cities in the world and that way, the city could attract more investments.
“In the last four and half years, AP government has spent Rs 1.1 Lakh crore on Amaravati but a lot needs to be done. Creating a world class city, will also create wealth for people and this can be distributed to them,” said Naidu. In the next few years, Amaravati would be a knowledge hub and people across the world should reach here for the quality of education, living and employment,” added the AP CM.
He opined that AP Capital Region Development Authority (APCRDA) has succeeded in showing the strength of the state by hosting such prestigious events and would continue to do so in the years to come.