Andhra Pradesh government has unequivocally proclaimed numerous times to develop Vishakapatnam as IT destination, however the actions speak otherwise. The IT tower at the Visakhapatnam Special Economic Zone (VSEZ) premises in Duvvada has been deferred. The structure worth 40crore rupees was supposed to come up over 2.5 acres with a plinth area of 1.09 lakh sqft with plug and play facilities for IT firms.
As per The Hindu, an unnamed BJP Member of Parliament confirmed that the project is shelved. The foundation stone was laid by Union Minister Nirmala Sitharaman and had funds sanctioned from a particular scheme. The validity of the sanction has lapsed and the centre is in no mood to revive it. The foundation stone was laid in August 2014 however, the funds from the centre were not released in 2015.
A total of three towers were proposed in the port-city. The first tower was proposed at Siripuram, the second at Duvvada and the third at Rushikonda. While the tower at Siripuram is progressing at snail pace, the Rushikonda tower got shelved due to poor response from private developers.
The only tower at Siripuram will be Boeing plane-shaped spread across 1.2 acres being built at cost of rupees 62.7 crores, for which Union IT Minister Ravi Shankar Prasad laid the foundation stone last year.
