Phase Z.ro set to take off

Phase Z.ro set to take off
Highlights

The Singapore Consortium, comprising Asia’s leading sustainable urban development providers, Ascendas-Singbridge and Sembcorp Development, a wholly-owned subsidiary of Sembcorp Industries, will participate in Phase Z.ro. As part of this, it’ll set up a visitor centre and exhibition gallery at the Amaravati Capital City Start-up Area in Andhra Pradesh. 

Visakhapatnam: The Singapore Consortium, comprising Asia’s leading sustainable urban development providers, Ascendas-Singbridge and Sembcorp Development, a wholly-owned subsidiary of Sembcorp Industries, will participate in Phase Z.ro. As part of this, it’ll set up a visitor centre and exhibition gallery at the Amaravati Capital City Start-up Area in Andhra Pradesh.

Phase Z.ro would also function as a community hub, with its expansive land area of over two hectares. Phase Z.ro is proposed to be established by a joint venture company to be incorporated by the Singapore Consortium (through their joint venture entity Singapore Amaravati Investment Holdings) and Amaravati Development Corporation, an agency of Andhra Pradesh government, and is pending finalisation of terms between the parties.

Phase Z.ro has been proposed as part of a larger catalytic development and would include a visitor centre and exhibition gallery that would span 4,000 square metres of gross floor area. Phase Z.ro would act as a foundation of the Start-up Area and a key touchpoint for visitors and citizens to get a glimpse of Amaravati Capital City as it develops.

It would also serve as a platform for business promotion and a gallery for sustainable urban solutions concepts applicable to the future capital city. Local residents would be able to access it for recreation and community engagements. The Singapore Consortium was appointed through a Swiss Challenge process as master developer of the Start-up Area, which is spread over 684 hectares.

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