World Bank Delegation Assesses Amaravati Development

A World Bank delegation, including senior specialists, visited Amaravati, Andhra Pradesh, to assess the ongoing capital development project and discuss potential funding. Chief Minister N Chandrababu Naidu highlighted the state's proposal for transforming Amaravati into a world-class capital, especially in light of the Union government's recent announcement of ₹15,000 crore in funding through multilateral agencies. The delegation inspected various construction sites, including residential complexes and infrastructure projects, and held discussions with local officials to understand the project's status. Their visit is significant as it precedes a decision on sanctioning a loan for the capital's development, which is seen as crucial for completing the remaining construction work. The World Bank team also evaluated the quality of unfinished buildings, aiming to facilitate financial support for the project's completion. The visit underscores the importance of international collaboration in the ongoing development efforts of Amaravati.