China would provide both technical and investment support for one of the NIMZs, proposed in Chittoor, Medak and Prakasam districts, the Union Minister told Andhra Pradesh Chief Minister N Kiran Kumar Reddy during a meeting here tonight.
Each NIMZ was expected to attract an investment of Rs 30,000 crore.
The Chief Minister and the Union Commerce Minister, discussed various projects proposed to be set up in Andhra Pradesh with the support of the Government of India, a release from the Chief Minister's Office said.
The Union Minister suggested that the state government completed the process of identifying a private partner for taking up the World Trade Centre (WTC) project at Visakhapatnam under the public-private partnership mode.
The proposed WTC would be taken up at a cost of Rs 35 crore of which the Centre would grant Rs 20 crore and the balance would be borne by the state.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
