Malaysian Companies to Pour ₹10,000 Crore into Andhra Pradesh's Capital Amaravati
Malaysian companies have pledged to invest between ₹6,000 crore and ₹10,000 crore in Andhra Pradesh's capital, Amaravati, over the next five years. This significant investment aims to boost key sectors such as education, tourism, real estate, and trade.
AmaravatiInvestmentMalaysian CompaniesReal EstateTourismReal EstateOct 04, 2025
The Malaysian team, which has been visiting the state since October 1, toured Amaravati alongside Minister Narayana to observe the progress of various development projects in the city. Minister Papparaidu expressed their commitment to working with India for the development of Amaravati. Representatives from several Malaysian companies, particularly those with Telugu origins, presented their projects to Minister Narayana using a PowerPoint presentation.
According to an official statement, the Malaysian companies are keen to invest in key sectors such as education, tourism, hospitality, trade and commerce, and real estate. The University of Cyberjaya has expressed interest in establishing a medical university in Amaravati, while the Berjaya Group has plans to set up five-star hotels.
Minister Narayana provided the Malaysian representatives with a comprehensive overview of the development works currently underway in Amaravati. He emphasized that Amaravati is being developed in a planned manner under the leadership of Chief Minister Chandrababu Naidu. The minister informed the delegation that tenders worth ₹51,000 crore have already been completed, and construction work has commenced.
Narayana also shared the ambitious targets set by the state government, including the completion of 360 km of trunk roads in the capital city within a year and a half, 1,500 km of layout roads within two years, and 4,000 houses for officials, employees, and public representatives by the end of March next year. He stated that the state government aims to complete the construction of administrative buildings, such as the Secretariat Towers, Assembly, and High Court buildings, within two and a half years.
The minister acknowledged that the recent rains have caused some delays in the construction work, but he assured the Malaysian team that the pace of work will accelerate in the coming days. Suresh Kumar, Principal Secretary of the Municipal Department, and Kannababu, Commissioner of the Capital Region Development Authority (CRDA), along with CRDA Additional Commissioner Bhargava Teja, were present during the discussions.
This significant investment from Malaysian companies is expected to boost the economy of Amaravati and create numerous job opportunities in various sectors. It also highlights the growing interest of international investors in Andhra Pradesh's development projects.
Frequently Asked Questions
What is the total investment amount pledged by Malaysian companies in Amaravati?
Malaysian companies have pledged to invest between ₹6,000 crore and ₹10,000 crore in Amaravati over the next five years.
What sectors are the Malaysian companies interested in investing in?
The Malaysian companies are interested in investing in key sectors such as education, tourism, hospitality, trade and commerce, and real estate.
What specific projects are being proposed by the Malaysian companies?
The University of Cyberjaya plans to establish a medical university, and the Berjaya Group is planning to set up five-star hotels in Amaravati.
What are the key development targets set by the Andhra Pradesh government for Amaravati?
The key targets include completing 360 km of trunk roads, 1,500 km of layout roads, and 4,000 houses for officials and employees, along with the construction of administrative buildings like the Secretariat Towers, Assembly, and High Court buildings.
How has the recent rainfall affected the construction work in Amaravati?
The recent rains have caused some delays in the construction work, but the state government expects the pace of work to accelerate in the coming days.
Related News Articles
RERA Cases Weekly Round-Up: Relief for Homebuyers Across India
From refund orders to structural defect rectification
Gurugram Leads Housing Price Surge, Mumbai Lagging Behind
In the last five years, the average price of new housing projects in India’s top 10 cities has surged by 88%, with Gurugram leading the pack at a 160% increase. Mumbai, on the other hand, has seen the lowest rise at 37%. This surge is attributed to massiv
Anant Raj Reports 75% Increase in Net Profit for Q2 FY25
Anant Raj has announced a significant 75% increase in its net profit for the second quarter of the fiscal year 2025. The company also reported a 53.67% rise in its net consolidated total income. This robust growth is a testament to the company's strategic
DLF JV Firm Sells IT Park in West Bengal's Largest Real Estate Deal for Rs 637 Cr
In a significant move, DLF, the country's largest real estate developer by market cap, has completed the sale of an IT park in West Bengal for Rs 637 crore. The deal, involving a joint venture firm, marks one of the largest real estate transactions in the
Eleganz Interiors Files DRHP with NSE Emerge
Eleganz Interiors plans to use Rs 25 crore from the IPO proceeds to repay a portion of its outstanding borrowings, as it files its DRHP with NSE Emerge.
Tata Steel Slapped with Rs 146 Mn Fine for Delay in Stamp Duty Payment
Tata Steel, one of India's leading steel producers, has been penalized with a fine of Rs 146 million by the Maharashtra government for failing to timely pay the stamp duty. The fine, as per the company's exchange filing, highlights the importance of adher