The aim of the SMART CITY is to efficiently utilise the available Assets, Resources and Infrastructure to enhance the quality of Urban Life and provide a clean and sustainable environment for living and the main focus will be on core infrastructure services like adequate clean Water supply, Power supply, Sanitation, Disaster Management, Solid waste management, Waste water treatment, Efficient urban mobility and Public Transportation, Public Healthcare system, Education, Affordable Housing, robust IT connectivity, e-governance, Safety, Social security. "Smart City needs Smart Citizens too, Smart City also needs to be Safe City as well for citizens live a smooth life".
16.08.2017 : Implementation of Smart City projects under way. Rs. 1602 crore will be spent in five years: Hari Narayanan. Smart City projects will be implemented over a period of five years with an outlay of Rs. 1602 crore and the government has so far released Rs. 394 crore, Municipal Commissioner M Hari Narayanan has said. In his address after unfurling the tricolour at GVMC, he said 24X7 water supply, sewage treatment, smart streets, greens space development, underground electric cabling, prevention of erosion, development of the Beach Road and housing for all were the components.
Smart City projects launched. Marking one year of announcement of Smart Cities Mission by Prime Minister, Mr. Narendra Modi, GVMC launched a few projects on June 25, 2016.
Special Purpose Vehicle (SPV) formed for Vizag Smart City for implementing the Smart City Mission, in the name of GREATER VISAKHAPATNAM SMART CITY CORPORATION LIMITED (GVSCCL), a Limited Company incorporated under the Companies Act, 2013 - Date of Incorporation 11.03.2016.
First Phase - Development of an area of 1,700 acres along the Beach Road from Coastal Battery to Kurupam Jn and from Kurupam Jn to Jagadamba Jn (Pedawaltair Main Road, University Main Road, Waltair Main Road) and from Jagadamba Jn (KGH Road, Collector Office Jn) to Coastal Battery. Funding Options - For the first phase budget of around Rs. 2,000 crore, funds will come in from the Centre (Rs. 500 crore); the State government (Rs.500 crore); convergence of schemes (Rs. 800 crore); and from the private sector under PPP projects (Rs. 200 crore). Development of an area of 1700 acres in 5 years with a Budget of around ₹ 2000 crore. funds will come in from the Centre (Rs. 500 crore); the State government (Rs.500 crore); convergence of schemes (Rs. 800 crore); and from the private sector under PPP projects (Rs. 200 crore).
12.02.2016 : The USTDA signed a MoU with the Department of Municipal Administration on funding for drawing up master plan for Visakhapatnam Smart City, and a consortium of three U.S. companies, comprising AECOM, KPMG, and IBM, was given the task by the government.
29.01.2016 : It is a proud moment for the Vizag Smart City having emerged in the top 10 cities from among the 98 in the country in the very first round of Smart City Challenge. It paves the way for development of area of 1,700 acres along the Beach Road from Kurupam Junction to the Coastal Battery and up to Jagadamba Junction and includes Waltair main road. Vizag Smart City ranked 8th Place, out of 20 smart cities announced today. The first 20 smart cities will get funds from the Central Govt and the respective State Governments of Rs. 100 crores each per year starting from this financial year 2015-16 for a period of 5 years.
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