Andhra Pradesh cancels Amaravati city deal with Singapore consortium

BANGALORE - The state government of Andhra Pradesh in southern India has issued an order cancelling its agreement with Singapore developers to build the capital city Amaravati.

The order was issued after a Cabinet meeting on Oct 30 under the chairmanship of state leader Jagan Mohan Reddy discussed the capital. It authorises the Commissioner of the Capital Region Development Authority , which oversees the development plans for Amaravati, to draft a termination agreement with the Singapore consortium - Singapore Amaravati Investment Holdings .

Amaravati was the pet project of the state's former chief minister, Mr Chandrababu Naidu, who had promised to model the city after Singapore and inked two memorandums of understanding with the consortium backed by Singapore. As the state's leader, Mr Reddy set up a committee to review the capital project. The committee was given six weeks to evaluate everything from the land-pooling system to the tenders issued for road-building and housing.

This was largely due to changes to masterplans over ecological concerns and as a result of the World Bank's withdrawal in 2018 of a promised loan of US$300 million following farmers' complaints about police intimidation.

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