Andhra Pradesh and RMZ Group Announce $10 Billion Infrastructure Investment Partnership
10 hours agoBusiness
36LENS
4 SourcesVisakhapatnam, India
TBNthebalanced.news

Andhra Pradesh and RMZ Group Announce $10 Billion Infrastructure Investment Partnership

The Andhra Pradesh government and RMZ Corporation announced a strategic partnership at the 2026 World Economic Forum to invest up to $10 billion over five to six years in mixed-use, digital, industrial, and logistics infrastructure. Key projects include a 10 million sq ft Global Capability Centre park and a hyperscale data centre cluster in Visakhapatnam, alongside a 1,000-acre industrial and logistics park in Rayalaseema. The initiative aims to boost regional development, technology growth, and employment with a focus on sustainability.

Political Bias
10%82%8%
Sentiment
75%