CM Jaganmohan Reddy has admitted to the lack of a big city like Bangalore and Hyderabad as a disadvantage to attract investments to Andhra. But there’s the biggest advantage of a long coastline where a variety of industries can be set up. Jagan addressed the Diplomatic Outreach event held in Vijayawada city in which diplomats of different countries participated. Jagan didn’t make any mention of the Andhra Capital City or its future potential.
The coast is the only major highlight in Jagan’s speech. During the reorganization, Andhra wad separated without a capital city of its own. The TDP came to power immediately after bifurcation and chose Amaravati as the new capital city of Andhra. But, Jagan Circar now is not giving priority to further development of Amaravati where all existing works are stopped the day Jagan assumed office.
Investors and industrialists naturally ask for nearest cities, airports, etc. When Sri City SEZ was established in Tada area in Tamil Nadu border, it has the advantage of having Chennai International Airport nearby. But AP central coast will not have that advantage. If Amaravati and Vijayawada are not developed in a big way, it is not easy to attract major industries to Krishna, Guntur, Prakasam and West Godavari districts.
Jagan’s policies – none are prepared to invest