HomePoliticsAP government plans Rs 3,800 cr investments

AP government plans Rs 3,800 cr investments

AP government plans Rs 3,800 cr investments
AP government plans Rs 3,800 cr investments

AP government is planning to set up Fisheries University and Aqua Park in West Godavari. It plans to attract more investments.

AP government has focused on fisheries and aqua sectors. Speaking recently in Nizam Patnam, CM Jagan made it clear that he is ready to invest in the fisheries sector in the state. He said that investments of Rs 3,800 Cr are going to be attracted in aqua and fisheries sectors. The state government is preparing plans accordingly. 

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In addition to the existing fishing harbors, 10 new harbors and 6 more fish landing centers are going to be constructed. Government sources say that  Rs 3,800 crs will be invested for this. The government is calculating that if investments are made in the fisheries and marine sectors in AP, which has the second largest coastal area in the country, development will take place on a large scale. It is getting ready to invest in that direction.

Recently, the AP CM made key remarks on the occasion of depositing Rs 123.52 Cr in the accounts of 1.23 lakh fishermen under the YSR Fishery Assurance Scheme. He said that Fisheries University is going to be established in West Godavari district. The Chief Minister said that the fisheries university to be established near Narasapuram will focus on research and development in the fields of marine, aqua and fisheries in the state. 

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