The State government is contemplating launching a private partnership policy to promote mixed economic activity in Capital city Amaravati.

The policy is aimed at creating ecosystem and promoting entertainment, tourism, IT etc. The mixed economic activity would help in generating employment apart from providing value addition to the city.

The policy is being prepared following suggestions from noted private partners, including DLF, Sobha, Prestige, Myhome, Shapoorji Pallonji, Aparna, Radian, Ace Urban, GVK, RMZ and NSL.

At a review meeting on the Capital Region Development Authority (CRDA) at the Secretariat on Wednesday, Chief Minister N. Chandrababu Naidu asked the officials to prepare the draft policy at the earliest.

Private partnership should be encouraged in affordable housing, commercial complexes, business and IT parks, tourism and improving infrastructure.

Land allotment

The officials said that the Mahindra group has come forward to develop industrial park in Amaravati. Chennai-based DAV School has come forward to start its branch in Amaravati if buildings were constructed. Chinmaya Mission and Bharatiya Vidya Bhavan have also come forward to set up schools in Amaravati.

The Chief Minister asked the officials to allocate three acres land each to DAV and Bharatiya Vidya Bhavan.

Municipal Administration Minister P. Narayana, Chief Minister Special Secretary Satish Chandra, CRDA principal secretary Ajay Jain and CRDA Commissioner Ch. Sridhar were among others present.

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