‘Our Vision is to Develop this Entire Region as a Coastal Economic Corridor,’ Says PM Modi in Andhra Pradesh
New Delhi:
Port Wings News Network:
Prime Minister Narendra Modi on 1 August laid the foundation stone, inaugurated and dedicated to the nation multiple development projects worth over ₹17,900 crore in Bhogapuram in Vizianagaram, Andhra Pradesh.
Detailing the national strategy to aggressively fortify the Blue Economy, the Prime Minister outlined the ambitious vision of transforming the entire coastal stretch into an “integrated economic corridor through the modernization of heritage ports from Visakhapatnam to Krishnapatnam and the construction of new maritime hubs at Mulapeta and Ramayapatnam.”
“Our strategic vision is to comprehensively develop this entire region as a thriving Coastal Economic Corridor,” affirmed Modi.
Complementing the expansive port developments, the Prime Minister highlighted the rapid construction of a dense highway and expressway network across the state, citing major arteries like the Visakhapatnam-Raipur Expressway as critical catalysts for regional momentum. “These expressway projects are fundamentally imparting unprecedented speed to this entire geographic region,” noted Modi.
Emphasizing the urgent need to seamlessly connect the region with major national industrial hubs, the Prime Minister announced that railway projects worth approximately one lakh crore rupees are currently underway, boasting complete network electrification and the modernization of over seventy stations.
“We are actively working to ensure this entire region connects effortlessly with the country’s largest industrial centers,” asserted Modi.
Integrating these multi-modal transport upgrades, the Prime Minister underscored the pivotal role of the PM Gati Shakti National Master Plan in unifying rail, port, and air infrastructure, which will ultimately optimize logistics, empower local farmers, and significantly boost the ease of doing business.
”Once this modern logistics network is fully ready, it will provide better connectivity to industries and greatly benefit our farmers, and the ‘Ease of Doing Business’ will also improve” observed Modi.
Praising the state’s historical propensity for forward-thinking innovation, the Prime Minister lauded the global dominance of local youth in the software and technology sectors, reiterating the government’s steadfast commitment to harnessing this incredible talent pool directly for regional development.
Expressing deep satisfaction over the systematic empowerment of the northern districts within this broader growth narrative, the Prime Minister detailed the strategic evolution of the Visakhapatnam Economic Region (VER) into a premier Asian economic powerhouse, with every new facility contributing to this unified mission.
“Our ultimate target is to ensure that the Visakhapatnam Economic Region becomes the most prominent economic hub in Asia,” asserted Modi.
Unpacking the government’s core economic philosophy of converting investments directly into employment, the Prime Minister explained the virtuous cycle where increased public and private funding drives manufacturing, bolsters exports, and ultimately elevates household incomes and living standards, exactly as is unfolding in the state today.
“When employment increases, people’s incomes naturally rise, and the everyday lives of families significantly improve,” observed Modi.
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