APIIC to spend Rs 750cr on infra for 29 SEZs

Andhra Pradesh Industrial Infrastructure Corporation (APIIC) is expected to spend Rs 750 crore for providing infrastructure facilities like roads, water and power to 29 of the 54 notified SEZs it is associated with directly or indirectly.

B P Acharya, chairman and managing director, APIIC, said the investment would be made over five years. This is in addition to the corporation's on-going efforts to improve infrastructure facilities at the existing 290-odd industrial parks being maintained by it.

Speaking to the media on the sidelines of a conference of APIIC zonal managers, which is being held to specifically focus on infrastructural issues related to SEZs in the state, Acharya said the corporation would spend almost Rs 100 crore on improving infrastructure of the industrial parks during the current year, while the same was just a couple of crore annually till recently.

The corporation, on Wednesday, launched an online asset management system developed on the 'a-Mantra' platform by Hyderabad-based SatNav Technologies. The system deals with the spatial database of the land available for industries at various parks. The corporation has invested about Rs 2 crore in the system, which is integrated with ERP.

Meanwhile, the industries department has appointed industrial promotion officers (IPOs) for each of the 48 industrial local area authorities (ILAs) to help get single-window clearances for new industries in these areas.