In 2005, the government had issued notification to acquire 2,004 acres of land for the project at Bhogapuram, 40 km from the port city of Visakhapatnam, where the existing airport belongs to the Indian Navy.
To be developed on 2,703 acres under public-private partnership mode, it will be an integrated airport with Aerocity, Maintenance, Repair and Overhaul (MRO) facility and Aviation Academy.
As this was possibly the last cabinet meeting before the elections, it took many key decisions, especially with regard to land allotments.
The cabinet agreed to allot 140 acres of land for Accord University in Visakhapatnam district. Accord University propose to set up multi-stream university with multi superspeciality hospital. The university proposes to invest Rs.5,000 crore in 10 years.
To meet the future water requirements of state capital Amaravati, it was decided to build a barrage across Krishna River at an estimated cost of Rs.3,278 crore.
The cabinet also gave its nod for 20 percent interim relief to state government employees with effect from July 1, 2018.
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