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Land allotment to LuLu group – Ganta Srinivasa Rao refutes allegations

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Thursday, February 22, 2018
Visakhapatnam


Minister for HRD Ganta Srinivasa Rao today refuted the allegations of allotment of the APIIC land to the UAE based LuLu Group for development of International Convention Centre.

He said that the decision was taken in a transparent way would help enhance the brand name of Visakhapatnam. Vice-President M.Venkaiah Naidu and Chief Minister N.Chandrababu Naidu will take part in the stone laying ceremony of the convention centre, a five-star hotel, and a shopping complex at Harbour Park on February 24 coinciding with the opening of the mega three day CII Partnership summit and Sunrise Andhra Pradesh Investment Meet.

Ganta Srinivasa Rao said that after following the due process of bidding, the government had allotted the land on lease basis for 33 years to LuLu Group. Once construction of the convention centre was over, the city would be able to host mega events.

At an all party meeting held on Wednesday, the YSRCP, the Congress and the Left Parties decided to stage a ‘maha dharnas’ on Friday infront of the VUDA office in protest against the irregularities in the allotment of valuable land to the LuLu Group.