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News:
- Singapore’s second minister for trade and industry S Iswaran presented the plan, the final of the three-stage Master Plan for Seed Capital Area to Andhra Pradesh Chief Minister N Chandrababu Naidu.
- The SCA Master Plan is meant for an area of 16.9 sq km on the northern part of the Capital City (named Amaravati) coming up in the Vijayawada region.
- The six key factors taken into consideration for the master plan are providing jobs and homes, world-class infrastructure, quality living, protecting identity and heritage and resource management and environment.
- Naidu said he asked the Singapore government to join the `Amaravati Development Partnership’ under the Swiss challenge method for seed capital development in a long-term association.
Source: ET
