A new project was finalised at the CII Partnership Summit 2018 held recently in Visakhapatnam. Andhra Pradesh Economic Development Board (APEDB) and Smartparks Infra Project Private Limited signed a MoU for the construction of a unique project to be brought up in Andhra Pradesh’s capital city of Amaravati.
As reported by the Times of India, this innovative concept consists of two unique features. The first being, the project will mark India’s first and the world’s largest war memorial. It will be a 250 feet statue of a soldier of the Indian Army. The other being, a 200-feet embellished bronze ring will be constructed around a huge Buddha statue. Both the statues would be connected by a 2-km-long and 80-feet-wide stretch, which is deemed to be traffic free, along the Krishna River.
The project would cover an approximate area of 130 acres at an estimated cost of Rs.6,100 crores. It will be projected as an innovative street tourism destination to attract national and international tourists.The whole project will also involve a lot of riverside food courts, hotels, malls with Chinese, Japanese, Asian and Korean market experience, theme parks and all lot more along the stretch.
The project certainly looks poised to bolster the state’s image over the map of world tourism as it looks to bag multiple world records.