Singapore terminates pact with AP govt over Amaravati start-up area project
The Singapore consortium terminated pact with the AP government over Amaravati capital city start-up area development project on mutual agreement, said Minister-in-charge of trade relations S Iswaran in a press release. He made it clear that Singapore consortium exit would not have an impact on investments in Andhra Pradesh. Iswaran said that they have taken a decision based on the AP government orders issued on Monday night. The previous TDP government allotted 1,691 acres of start-up area for development to Singapore consortium.