Projects Today reported that Andhra Pradesh government has been asked to submit a report on the infrastructure development in the proposed Costal Corridor covering the districts of Srikakulam, Vizianagaram, Visakhapatnam and East Godavari district.

An area of 150,000 acres has already been earmarked for the coastal growth corridor project and as part of the first phase 603.58 square kilometer has been identified between Visakhapatnam and Kakinada for investments in various infrastructure projects.

Andhra Pradesh has emerged as one of the prime contenders for the proposed Petroleum, Chemical and Petrochemical Investment Region project which is expected to attract an investment of INR 3,43,000 crore. The other states that evinced interest are Gujarat, West Bengal, Karnataka, Orissa and Tamil Nadu.