World Bank Team visiting Amaravati To consider Financial Assistance

Thursday, September 19, 2024

A delegation of the World Bank visited Amaravati on Saturday, days after Union Finance Minister Nirmala Sitharaman announced in the Union Budget about Rs 15,000 crore aid to Amaravati from the international financial institutions. After first reviewing with the officials at the CRDA office, they examined the buildings, other structures and the current condition of the capital at the field level.

There are four senior officers and eight assistants in this team. The bank team reached the CRDA office in the morning and discussed the capital construction loan proposals and needs of the capital Amaravati.

It is learned that the state government has asked to give a loan of at least Rs.15,000 crores. The World Bank team members will meet with the officials again Sunday on this proposal. In this meeting, it is learned that the officials presented the issues related to Amaravati Sustainable Capital City Development Project (ASCCDP) to the representatives of the World Bank.

The topic related to the project report prepared for the World Bank in 2016 (P159808) was also discussed. It is reported that the calculations proposed at that time have been modified somewhat. Officials said that they projected there will be 3.5 million people in Amaravati city by 2050, and they will have to be provided with all kinds of facilities.

It has been mentioned that 20 percent of the area will be converted into green and blue areas and every citizen of the city can reach the park directly on foot. The representatives of the World Bank were requested to lend the necessary funds for the improvement of roads, utility corridors, improvement of rural facilities (water supply, sewerage, village roads, connectivity, infrastructure) and flood prevention canals.

The AP government felt that they need a minimum of Rs 40,000 crore for it, of which seeking Rs 15,000 crore for the time being.

Later, the delegation was shown the buildings, surroundings of the High Court and stalled structures in Rayapudi. It is learned that the officials have said that as the Environmental Impact Assessment (EIA) and Environmental Social Management Framework (ESMF) have also been completed in the past, there is no need to do anything new now.

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