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The Bollywood star had a chat with Chief Minister N Chandrababu Naidu on movies, entertainment and business that he described as warm and delightful, and the CM was equally enthusiastic on Twitter about their lively meeting.
Actor Ajay Devgn showed interest in investing in theme parks, resorts, water-based parks and the food processing sector. Devgn wants to put Amaravati, Andhra Pradesh’s up-and-coming capital on the frontlines of the global digital network with a media city – one that will feature film, HD TV and audio studios, digital post-production and media management services in the cloud.
The Andhra Pradesh government has also approved a new policy for leasing out its land for tourism development activities. The state Cabinet, which met under the chairmanship of CM Naidu, approved the new policy under which land under 10 acres would be leased out through competitive bidding.
“Two percent of the basic land value will be fixed as the base price and land would be allotted on lease to the highest bidder based on their technical and economic capacity,” informed Naidu.
Depending on the size of investment for a tourism project, land would be given on an initial lease of 3 years. “If they do well, we will extend the lease for a further 33 years,” the CM added. The more the tourism sector will be developed, the more it would contribute to economic development of the state, Naidu pointed out.
Source: travelnewsdigest.in