"We are confident of building a world-class capital, which would play the role of an economic powerhouse to lead the entire state into prosperity," the Governor said in his customary address to the joint session of Andhra Legislature on the opening day of the Budget session.
Several renowned companies from within and outside the country are evincing interest to start their ventures in the new capital, he said.
"The government is thankful to farmers of the region for the confidence reposed by them in the leadership and coming forward to voluntarily pool their land for building the capital city," the Governor said.
He said the AP government is planning to develop an expressway between Amaravati and Bengaluru via Anantapuramu and connecting Kurnool and Kadapa so as to enable quickest possible connectivity from Rayalaseema to the new capital.
His 30-minute address was marred by occasional jeers from Opposition YSR Congress.
He also spoke about the government's aim to make AP drought-proof through a holistic approach of developing, conserving and utilising surface and ground water resources.
At the Sunrise AP Investment Meet in January, the Government signed 328 MoUs for investments worth Rs 4.67 lakh crore, he added.
While Visakhapatnam and Kakinada have been chosen for development as Smart Cities by the Centre this year, temple town Tirupati would be selected next year, he said.
Legislative Council Chairman A Chakrapani, Assembly Speaker Kodela Sivaprasada Rao, Chief Minister N Chandrababu Naidu and Leader of Opposition Y S Jaganmohan Reddy were present.
The YSRC members sported black scarves around their necks protesting the "purchase of MLAs" by the ruling TDP.
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