The APCRDA has invited global consulting firms to prepare a long-term economic blueprint aligned with the State’s Swarna Andhra Vision.
| Photo Credit: FILE PHOTO / G.N. RAO
The Andhra Pradesh Capital Region Development Authority (APCRDA) has invited global consulting firms to prepare a comprehensive Amaravati Economic Region Plan (AERP), a long-term economic blueprint aligned with the State’s Swarna Andhra Vision 2047, the Centre’s Viksit Bharat 2047 mission and the Union government’s City Economic Region (CER) framework.The selected Strategic Support Agency (SSA) will prepare the plan within nine months, followed by implementation support, to position the region for funding under the Centre’s CER programme. According to the Request for Proposal (RFP), which is on the AP e-procurement portal as on June 29, the Amaravati Economic Region spans nine districts, including NTR, Krishna, Eluru, Guntur, West Godavari, Prakasam, Palnadu, Bapatla and Markapuram, covering about 44,962 square kilometres and contributing around 35.15% of Andhra Pradesh’s Gross State Domestic Product. The bids could be submitted up to June 29 at 3 pm from May 2.The region has been identified as one of the State’s three economic regions under a regional planning approach aimed at transforming Andhra Pradesh into a one-trillion-dollar economy by 2047. The RFP states that the proposed AERP will not be a conventional master plan but a long-range regional economic strategy that identifies growth drivers, bankable investment projects, financing mechanisms and governance reforms. It is intended to shift planning from a reactive, land-use-based approach to proactive economic planning built around three pillars — Economy and Investment, Quality of Life and Liveability, and Sustainability — in accordance with the framework adopted by NITI Aayog. The tasksThe selected consultant will undertake detailed economic diagnostics, prepare district-wise development profiles, map functional economic geography, estimate regional output and employment, conduct stakeholder consultations and coordinate with State departments, Government of India agencies, the Asian Development Bank and the Government of Singapore. The assignment also includes identifying 10 to 12 flagship growth drivers, preparing more than 100 investment-ready projects, developing financing and investment mobilisation strategies, promoting Global Capability Centres, innovation ecosystems and climate-resilient infrastructure.The vision document envisages Amaravati as the anchor capital of a globally competitive economic region with industrial, logistics, agricultural, manufacturing and knowledge hubs supported by world-class urban services and sustainable infrastructure. It also proposes reforms to improve ease of doing business, strengthen regional governance, enhance investment promotion and establish a digital project monitoring system for implementation. The final plan is expected to provide economic roadmaps for 2030, 2035 and 2047, supported by implementation frameworks, monitoring mechanisms and a CER challenge-ready package to attract national and international investments. Published - June 29, 2026 07:04 pm IST
