The government’s resolve to developing the visual identity of north coastal Andhra and promoting real, balanced regional development was reaffirmed by Chief Minister YS Jagan Mohan Reddy. Speaking at a public gathering after laying the cornerstone for the Rs. 4362 crore Mulapeta Port, which will employ 25,000 people directly and indirectly, the Chief Minister highlighted the importance of balanced regional development. Chhattisgarh, Jharkhand, Madhya Pradesh, and Odisha are just a few of the additional states whose exports and imports would be handled in large part by the new port.
He also set up the foundations for the Budagatlapalem fishing harbour, worth Rs 360 crore, the Vamsadhara Lift Irrigation Project, worth Rs 176.35 crore, which would transport water from Gotta Barrage to the Hiramandalam reservoir, and the Mahendratanaya offshore Reservoir Project, worth Rs 300 crore. According to the Chief Minister, the Mulapeta Port and other construction projects will change the district’s appearance over time, transforming the nearby villages into metropolis like to Mumbai and Chennai.
Regretting that despite the abundance of water from the Vamsadhara and Nagavali rivers, the North Andhra region remained backward for many years, he said that the Mulapeta Port, which is anticipated to be finished in two years, would promote growth of ancillary industries in the neighbouring regions and would provide employment for the local youth. Four loading and unloading berths will be available at the 1250-acre Mulapeta Port, which will have an annual capacity of 23.5 million tonnes and handle coal exports and imports as well as general cargo. He hoped that for the next few days, it will be able to support 100 million tonnes.