On record
A flagship public-private capital-city development anchored by a Singapore government-linked consortium was shelved by the incoming state government in November 2019 after the World Bank and AIIB pulled funding, leaving capital-city works stalled for roughly five years before a partial 2024 revival.
The official record states: "State Municipal Administration Minister cited "concerns over certain issues" and "no satisfactory response" from developers."
“A capital city that lost its lenders, its partner, and its government in the same year.”— Blunderlust Editorial Desk
Sources
- https://www.tribuneindia.com/news/archive/nation/amaravati-capital-project-in-andhra-finally-scrapped-859834
- https://www.deccanherald.com/india/amaravati-project-orphaned-as-funding-agencies-back-off-749574
Visitor reviews Satire
“Toured the start-up area of a capital city. It is mostly fields with survey markers and a very good road plan.”
“The World Bank left, the AIIB left, the Singapore consortium left a few million dollars behind, and then the government changed.”
“Five years of stalled works, and the minister's public reason was concerns over certain issues. That was the whole reason.”