29.03.2018 - Govt. of Andhra Pradesh has issued a G.O.RT No.35 Dt: 27.03.2018 regarding take up the construction of Tower-B of Millennium Towers at Hill No.3, IT SEZ, Madhurawsada in #Visakhapatnam with a construction cost of Rs. 55 crore and instructed the The VC&MD, APIIC, shall take up the construction work of immediately. Already Tower-A completed and also two basements for parking for both the Towers completed.
15.02.2018 - Tower A of Millennium Towers should be up and running by March-end, 2018: APIIC. Nestled amidst verdant hills of Eastern Ghats on one side and the blue waters of the Bay of Bengal on another, the work on the iconic Millennium Tower - the new address for IT units in Visakhapatnam, is nearing completion. "We are working at a fast pace to complete the first phase of Tower A and parking for Tower A and B by end of the financial year," APIIC zonal manager C. Yathi Raju told The Hindu. While construction of three cellar-parking extending 1.5 lakh sft for both towers has been completed, the tower A will have a built-up area of two lakh sft. Tower B construction will be taken up later with a built-up area of one lakh sft.
16.02.2017 - Work is under progress - Millennium Tower to be ready by January, 2018. It will have 2,00,000 sq.ft. of built-up space for allotment to plug-and-play operators. Cyclone-resistant Internet of Things-enabled Millennium Tower, work on which is progressing at a brisk place at the sea-facing Rushikonda hills, will become an iconic superstructure and showcase Visakhapatnam as the IT capital of 'Navya Andhra Pradesh.'
Being executed by the AP Industrial Infrastructure Corporation (APIIC) and funded by the Information and Communication Technology Department of Andhra Pradesh, the construction of the building will be completed by September. Excluding cost for the four acres on which it is coming up, Rs. 180 crore is being spent on construction.
"Work on construction is progressing in a fast-tract mode and we are confident of making it a landmark to promote IT in Visakhapatnam with focus on start-ups and companies specialising in financial technologies and new-age technologies such as blockchain, IoT, cloud computing, and cyber security," V. Srinivasa Moorthy, CEO of AP Electronics and IT Agency (APEITA) told. The APEITA is an autonomous agency promoted by the government with its headquarters at the Cyber Valley, Rushikonda.
The Millennium Tower will have 2,00,000 sq.ft. of built-up space for allotment to plug-and-play operators. In addition, it will have 1,50,000 sq.ft. of space for parking. Under the ambitious project located close to the Sunrise Incubation Hub, two towers will come up. The first is expected to be completed by June/July.
22.10.2016 - Construction Work of Millennium Tower at Hill No. 3, IT SEZ, Madhurawada is going at full swing for getting ready by August 2017.
10.09.2016 - Work begins for Millennium Tower at Hill No. 3 in IT SEZ, Madhurawada. The APIIC had set a target to complete the works of the tower by August, 2017. In the first phase, around 2 lakh sft space will be available to allot for IT companies and subsequently in the next phase, another 1 lakh sft will be added to the Millennium Tower.
APIIC has invited an e-tender for the construction of Millennium Tower at Plot No. 16 & 17 (in 4 acres) at Hill No.3, IT SEZ, Madhurawada. Approximate value of the tender is 86.80 crore and the period of the work is 15 months and the last date of tender submission is 23.04.2016.
18.03.2016 : According to an IT department official, the Millenium Tower project at Hill 3 in Rushikonda will provide around 3 lakh sft to companies planning to set up offices in the Port City. "The Millenium Tower will be built on Plot No 16 and 17 of Hill 3 and it will be a government-constructed building for IT companies. This will be a permanent tower and is meant for IT companies focussing on Vizag as an IT destination," the official said, adding that the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has prepared the request for proposal from interested parties for construction of the building.
The IT Department will have five floor tower to be named Millennium Tower with three lakh sft space that will come up in a four-acre land adjacent to the Madhurawada IT SEZ Incubation Tower. The first two floors will be for start-up units and the rest of three floors will be allotted for companies.
18.05.2017 - Nearly two years after the proposal to develop an IT layout was mooted by the state government, development work on the first-of-its-kind IT layout in the state has started at Kapuluppada.
Andhra Pradesh Industrial Infrastructure Corporation (APIIC) sources said the first phase of the project comprising an area of around 250 acres has been taken up for development at Kapuluppada. Sources said while the overall area earmarked for the IT cluster is around 1,350 acres, APIIC will initially focus on laying approach roads, installing streetlights and marking the plots for the integrated IT layout in order to attract tech firms to set up shop in the port city. "We are developing the Kapuluppada IT layout in a phased manner. We have started work on phase one on 250 acres. We will be laying the approach road and internal roads along with the streetlights and drains. The estimated cost is around Rs 20 crore," an APIIC official said. He said the total plotted area is around 150 acres and the remaining 100 acres will be a common green area for layiout. "We are expecting around 30 plots to be developed in the 150 acres," he said.
24.03.2017 - IT,E&C Dept of Govt.of Andhra Pradesh has issued a GO RT.No. 19 Dated: 20-03-2017 regarding sanction and release of Rs. 24,60,00,000/- for releasing payment to Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC Ltd) to take up the development of Infrastructure in IT layout Phase along with provision of external and internal infrastructure facilities like improvements to approach roads, provision of drinking water etc.
10.09.2016 - IT Park layout okayed at Kapulauppada in Vizag. APIIC has finalised the layout pattern of the IT Park proposed at Kapulauppada. In the first phase, development will be done in 250 acres of the total 1750 acres of land available at Kapulauppada.
Andhra Pradesh Industrial Infrastructure Corporation (APIIC) invited Request for Proposal (RFP) for preparation of master plan for development of Integrated IT township at Kapulauppada - consultant to be appointed for preparation of master plan.
03.06.2017 : At last some progress in construction of IT Tower jointly by VUDA and STPI @ Siripuram in Vizag Smart City with 3 basements and 8 floors. VUDA officials said that the project will be completed in a period 18 months. Project cost ; Rs. 62.7 crores, No of IT units: 40-50 approx. Employment generation to 5000 people approx., exports target Rs. 200 crores. MP, Mr. Haribabu handed over a letter to STPI three days back stating that CPWD to undertake the construction work of Tower instead of VUDA and the amount spent by VUDA till now on this project will be considered as an investment by VUDA.
21.01.2017 : No progress on construction of IT Tower at Siripuram Junction jointly by Visakhapatnam Urban Development Authority (VUDA) and the Software Technology Park of India (STPI) even after MOU signed on 18.02.2016 in the presence of Union IT, Electronics and Communications Minister, Mr. Ravi Shankar Prasad, Chief Minister, Mr. Chandrabau Naidu and Union Urban Development Minister Mr. M. Venkaiah Naidu. Apart from VUDA, Vizag MP, Dr. K. Haribabu & HRD Minister, Mr. Ganta Srinivasa Rao should take initiative to get the approval from the Central Government to commence the construction work of IT incubation center at the earliest. The IT incubation centre, is projected to provide jobs to 2,500 and achieve IT exports of Rs. 300 crore. Roughly, 50 small IT units may come up in the centre.
In the presence of the Union IT, Electronics and Communications Minister, Mr. Ravi Shankar Prasad, Chief Minister, Mr. Chandrabau Naidu and Union Urban Development Minister Mr. M. Venkaiah Naidu, a memorandum of understanding was signed on 18.02.2016 for setting up an IT incubation centre at Siripuram Junction in Vizag Smart City jointly by the Visakhapatnam Urban Development Authority (VUDA) and the Software Technology Park of India (STPI) at a total cost of Rs. 62.70 crore. The VUDA would provide the land valued at Rs. 16.7 crore free of cost and the STPI would bear the rest of the cost (Rs 46 crores). The IT incubation centre, expected to be ready by April 2018, is projected to provide jobs to 2,500 and achieve IT exports of Rs. 300 crore. Roughly, 50 small IT units may come up in the centre.
Preliminary work to be commenced for construction of Tallest IT tower consists of 10 to 12 floors in an area of 1.2 acres at Siripuram between VUDA and HSBC, the joint venture project of Visakhapatnam Urban Development Authority and Software Technology Parks of India (Ministry of Information Technology). This huge tower in the heart of the city to provide more space to the IT entrepreneurs and startups. This tower is first of its kind domain-specific incubation and innovation center on marine, power and petroleum to encourage small and medium IT players and Startups.
VUDA bids for IT Tower project - 12 Storied Building - Incubation and Innovation centre with plug and play facilities. VUDA had come forward offering its one acre land adjacent to its near Siripuram (beside HSBC) where around 1.25 lakh sft space building is planned. An MOU in this regard will be signed between VUDA and STPI after the consultant submit its report.After the techno feasibility report is submitted, the consultant will finalise the design and modalities of the incubation centre. Sources in State IT department pointed out that it will be a 12 storied building. The Software Technology Parks of India (STPI) is planning to develop an ESDM (Electronic System Design and Manufacturing) incubation centre with the assistance of the central government in the Port City.
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