Hi-Tech corridor in Coastal Andhra Pradesh
The state government is chalking out plans to create a world-class industrial hub in coastal Andhra Pradesh. The government promises that the industrial hub will create thousands of jobs and will also spur the development of tier-two cities such as Visakhapatnam and Kakinada.
Though ambitious plans for an SEZ, Pharma City, Petro Complex, a major extension of the HPCL refinery and BARC are being bandied about, experts have warned that things might turn sour if the environmental aspects are not taken into consideration.
Farmers, fisherfolk and labourers of the coastal areas are also afraid that they would be displaced by force and driven into penury to make way for the industrial corridor. APIIC and INCAP are setting up a Special Purpose Vehicle for creating a Petroleum, Chemicals and Petrochemical Investment Region between Visakhpatnam and Rajahmundry.
It is reported that the state government has already allotted 65,000 acres for this and is about to allot another 10,000 acres. In addition, INCAP is also going ahead with its Coastal Corridor project. However, NGOs complain that the government has been turning a deaf ear to environmental concerns about these projects. They allege that the projects will spell disaster for the coastal areas