The CM has offered land, water, uninterrupted electricity and other incentives for the Koreans in his bid to woo them to the state
Andhra Pradesh’s Chief Minister N Chandrababu Naidu has offered to develop a South Korean City, on the lines of Busan in the state’s new capital, Amaravati. The CM has extended full co-operation and encouragement from the government to the South Koreans provided they make Andhra Pradesh their second capital and set up industries in a big way. The CM has offered land, water, uninterrupted electricity and other incentives for the Koreans in his bid to woo them to the state.
Amaravati is the de facto capital city of Andhra Pradesh. The planned city is located on the southern banks of the Krishna river in Guntur district, within the Andhra Pradesh Capital Region. Its urban development and planning activities are undertaken by the Amaravati Development Corporation Limited and Andhra Pradesh Capital Region Development Authority (APCRDA). Amaravati administrative capital which includes Assembly, High Court and Secretariat, is designed by Foster + Partners. These buildings will be built as iconic structures and a tower will also be built for an aerial view of the entire capital.