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Visakhapatnam to get Rs 2,000-

crore LuLu global convention
centre in three years
CM Chandrababu Naidu, in the presence of Vice-President M Venkaiah Naidu and
Union Civil Aviation Minister P Ashok Gajapathi Raju laid the foundation stone for
the convention centre. 

Published: 25th February 2018 05:08 AM  |   Last Updated: 25th February 2018 05:08 AM   |   A+ A  A-

By Express News Service

VISAKHAPATNAM: The international convention centre proposed with an

estimated investment of Rs 2,000 crore at the APIIC Grounds in Vizag is likely to be
a reality in the next three years.Chief Minister N Chandrababu Naidu, in the
presence of Vice-President M Venkaiah Naidu and Union Civil Aviation Minister P
Ashok Gajapathi Raju laid the foundation stone for the convention centre on the
inaugural day of the CII Partnership Summit here on Saturday.

The facility which will be built by the UAE-based LuLu Group, will have a five-star
hotel and a mall on a 13-acre site. The centre will be utilised for the Meeting,
Incentive, Conferencing and Events (MICE), a segment of tourism in which large

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groups, usually planned well in advance, are

brought together for a particular purpose.

The project will be grounded under the Public-

Private Partnership (PPP) mode. The centre
coming up on Beach Road in the Harbour Park
area will have seating capacity for 7,000 people, a
shopping mall with 20 lakh sft area and a luxury
hotel, the Chief Minister said after the stone laying
ceremony.

Heaping praises on LuLu Group CMD Yusuf Ali, Naidu urged the latter to finish the
project in 30 months.“The project will be completed in three years and it will
create more than 5,000 direct employment, apart from indirect employment to
5,000 more. We are planning to complete this project by 2021. It will also provide a
world-class shopping experience to both tourists and the residents of Sunrise
State,” Ali said.The LuLu Group has made investments worth $2 billion (Rs 14,000
crore) in India and is looking for possibilities for more investment avenues in
retail, hospitality and food processing sectors.

12 new air services from V’wada airport in 2 weeks, says Civil Aviation Minister
Visakhapatnam: Union Minister for Civil Aviation P Ashok Gajapathi Raju has said
12 new air services will be launched from Vijayawada in the next two weeks. He
said the Union government has been focussing on increasing air connectivity
across the State. Raju said development of industries is dependent on the
infrastructure available in a particular place and not on the incentives given by the
Union or State governments. “There will definitely be Centre’s support and the
State government should methodically work to sustain industrial development,” he
said. Speaking to mediapersons, he said, “There are two ministers in the BJP-led
NDA government and there are two ministers in the TDP-led State government.
While the ones in the Union Cabinet are working towards the interests of the
country, those in the State Cabinet are working for the development of the State.”

Take VR tour to future Amaravati

Visakhapatnam: The Virtual Reality (VR) tour of Amaravati arranged by the CRDA
at the CII Partnership Summit-2018 was an instant hit with delegates making a
beeline to have a look at the vision of the State government. The CRDA officials said

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