Many
of the Mega Infrastructure Projects are handled by APIIC.
APIIC derives its mandate by virtue of being notified
as an Nodal Agency to the Government of Andhra Pradesh
for the specified Mega Infrastructure Projects.
The Projects Wing of APIIC, one of
the three major wings of the corporation, the others
being Development and Engineering, undertakes the Development
of the Projects within the Organisation. In addition
to Mega Infra Projects, APIIC also develops and implements
Infra Projects on a smaller scale like Food Processing
Parks, Apparel Export Promotion Parks etc., As such,
the role of APIIC is that of a facilitator for Mega
Infra Projects and that of a joint venture partner in
the Projects handled on its own.
The Project conceptualisation and
development till financial closure of the individual
project is carried through Project Development and Promotion
partnerships (PDPPs ) with expert business houses or
through directly appointed consultants or through inhouse
expertise, which ever mode suits the Project best. |
|
