Singapore Foreign Affairs Minister Vivian Balakrishnan on Monday has said that newly formed Andhra Presh government is reviewing master plan for capital city Amaravati which was developed by a Singapore-based consortium. He ded that y deserved to be given time for doing so. This comes after a question about Amaravati project being de was asked to minister by international lawyer Tommy Kooh during Next Phase of Strategic Partnership session in Singapore.

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'Amaravati project needs time'

Balakrishnan replied to Kooh's question saying, "re is a new state government in Andhra Presh, formed on May 30.

"All governments are entitled to review ir plans. Singapore consortium companies have informed me that y will wait for decisions of new Andhra government." Balakrishnan has said.

He also clarified that Singapore government grants or subsidies were me for Amaravati project, calling it a complete "private sector, and commercial decision". 

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minister also dressed delay in finalisation of project. He said, "In all commercial activities, political and regulatory risks need to be taken into account. It is also prerogative of local governments to just ir plans and priorities from time to time.

"I would also submit that government needs to consider signal y send to investors. In case of Singapore, we remained a highly competitive ecomy because we have provided for long term a stable and predictable environment for investors both local and foreign. Let us give time to new government in Andhra on Amaravati capital city project," Balakrishnan ded.

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Amaravati yet to be formally tified as a state capital

After Andhra Presh was bifurcated in 2014, n ruling Telugu Desam Party zeroed in on Krishna and Guntur districts for state capital, naming it Amaravati, as former state capital was part of newly formed Telangana. However, five years on, Amaravati city is yet to be formally tified as a state capital. Amaravati still remains a cluster of 25 revenue vills even as dark clouds loom over capital city's development.

Earlier in 2014, Naidu government h sought Singapore's help in creating master plan for Amaravati. y h inked pacts with Singapore Consortium for Start-up Area development in Amaravati. A consortium of Ascendas-Singbridge and Sembcorp corporation was awarded through a competitive Swiss challenge to form a joint venture with Andhra government to master develop capital using green and sustainable solutions.

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(with PTI inputs)