Andhra Cancels Start-Up Infra Work In Amaravati, Singapore Firms Pull Out
Singapore consortium has been pulled out of Andhra’s Startup Area Project. The companies namely Ascendas-Singbridge and Sembcorp, has decided to pull out of the Amaravati Capital City Startup Area project after the YS Jaganmohan Reddy government in Andhra Pradesh has cancelled it through a government order on Monday. The trade and industry ministry of Singapore said the AP government has decided not to go ahead and added that it has some other priorities. As project closed, we lost money, the Singapore minister said.