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An eight-member team of the Asian Development Bank (ADB) visited Visakhapatnam district on Thursday and Friday to conduct a feasibility study on the proposed Visakhapatnam-Chennai industrial corridor. It was headed by director Sekhar Bonu.
The team visited Gangavaram port, Visakhapatnam port, the multimodal logistics park near the airport, Hetero Drugs, and other industrial units in the Nakkapalli industrial cluster, and also IT units at Madhurawada.
The District Collector, officials of the AP Industrial Infrastructure Corporation (APIIC), and port officials held discussions with the team members and apprised them of the advantages of the region.
It is learnt that the team responded positively.
Visakhapatnam and Krishnapatnam are the two major industrial clusters in Andhra Pradesh in the proposed Vizag-Chennai corridor. The Centre has announced plans to develop both Visakhapatnam and Krishnapatnam as smart cities.
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