French, German agencies take stock of Amaravati Metro Rail project

Collector of Krishna District says the Metro Rail project requires 76.92 acres, of which 68.32 acres is private property.

VIJAYAWADA: Senior executives of KfW and AFD took stock of the progress of land acquisition for the Amaravati metro rail project and funding issues at a meeting with Krishna District Collector Babu A., Municipal Commissioner G. Veerapandian and Amaravati Metro Railway Corporation (AMRC) Managing Director N.P. Ramakrishna Reddy, at the AMRC office here on Tuesday.

KfW is a development bank owned by the German government and AFD is the main implementing agency for France’s official development assistance to developing countries.

Addressing the delegates, Mr. Babu said the project required total 76.92 acres, of which 68.32 acres is private property and the rest belongs to the government.

The land was being acquired with the consent of owners and alternative lands shown to them. Houses are being sanctioned under Pradhan Mantri Awas Yojana and NTR Housing Scheme, Mr. Babu said, adding loans were being extended under the MUDRA scheme to people losing employment. Mr. Veerapandian explained the city development plans with due emphasis on expanding the road network.

Land acquisition

Mr. Ramakrishna Reddy told that the Collector promised to complete the land acquisition in two months and preliminary notices were being issued for that. Of the total funding, KfW was likely to provide $ 300 million and AFD over $ 100 million.

Joint Collector G. Chandrudu said the land acquisition was going on at the desired pace with the involvement of settlement and rehabilitation officers.

The KfW team comprised Robert Volkovic, P. Rooney, Julia Scholtes, Usha Rao and D. Skambracks and the AFD delegation consisted of Mathieu Verdure, S.B. Srinivasan, Herve Dubreuil and Rajnish Ahuja.