AP IT, Electronics and HRD Minister Nara Lokesh laid foundation for Taj Varun Bay Sands project in Vishakapatnam on Monday. The speciality of the ceremony was, the young Minister took part in the Bhoomi Pooja along with his mother Nara Bhuvaneswari.
Taj Varun Bay Sands is being constructed by Varun Group on Vishaka Beach Raod. It is a luxury hotel cum premium office space project. Besides offering hotel rooms, fine dining experience to tourists, it offers premium office space, including incubation and other facilities for startups.
“While previous Govt destructed AP, we are rebuilding under CM Chandrababu Naidu’s leadership. We have brought Rs 8 Lakh Cr investments to AP in the past 10 months. ‘Brand Babu’ is back. Similarly ‘Brand Vishaka’ is also back,” said Nara Lokesh speaking after laying foundation stone for Taj Varun Bay Sands.
“Vishakapatnam has stood by Telugu Desam Party even during tough times. Vishaka people voted for us in 2019, when we lost all over the state. We will turn Vishakapatnam into an economic power house. We will create 5 lakh jobs in Vishakapatnam in the next five years,” further said Nara Lokesh, expressing his gratitude and affection towards Vishakapatnam.
“Vishakapatnam already has an international cricket stadium. Bhogapuram Airport is getting ready. We are focusing on developing world class infrastructure facilities and turning Vishakapatnam into an attractive destination for global MNCs and investors. Besides becoming a hub for innovation and business, Vishakapatnam will also grow as tourist attraction. Thus Vishakapatnam will play a key role in India’s 5 trillion economy and emerge as 5th largest city in the country,” stated Nara Lokesh, highlighting ‘Brand Vishaka’.
Nara Lokesh appreciated Varun Group for investing in Vishakapatnam and stressed that the Taj Varun Bay Sands project will change the skyline of Vishakapatnam.
Taj Varun Bay Sands project is being constructed with an investment of Rs 500 cr. It is estimated to create 3,500 direct jobs and 500 indirect jobs in the initial phase.
