Amaravati: The Visakhapatnam Metro Rail project that is reeling under stagnancy might pick up pace. Chief Minister N Chandrababu Naidu has asked the Amaravati Metro Rail Corporation officials to speed up work on Visakhapatnam Metro Rail. He has asked officials to expedite work at the earliest.
Naidu has also assured that the state government will be give all the necessary support and permission once it gets nod from the cabinet. The CM wants to ensure that the project gains momentum and is commissioned at the earliest.
A review meeting was organised by Naidu along with AMRC MD N P Ramakrishna Reddy and Municipal Administration Minister P Narayana at the Secretariat.
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The meeting was to take stock of things and CM urged the officials to speed up Vizag Metro Rail works.
In order to fasten up work, Naidu has also directed the metro officials to float tenders for Vizag Metro. CM has asked that the tender be invited within 60 days once it gets a nod from the state government.
Offering all possible support and assurance, Naidu has communicated that the government will allotting 250 acres of land for the metro project. The land will be given to the Metro Rail Corporation to lay down metro lines. CM also added that the corporation can later on work towards raise funds in order to repay loans to the bank. In order to recover the money, the corporation can also look forward to developing the metro land commercially to plough back the investment.
Ironically the Vizag Metro rail was to be floated to improve traffic situation in the city. The mass rapid transport system was to help decongest the traffic on roads.  As per the initial detailed project report the metro project is estimated to cost Rs 12,500 crore  and comprises of three corridors and will carry over 5.85  lakh commuters per day.
