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Development of site belonging to District Public Library at Visakhapatnam

Development of site belonging to District Public Library at Visakhapatnam

Location: Visakhapatnam

Sector: Social Infrastructure

Mode: PPP

Activity: Transaction Advisory Services in the selection of bidder for development of one acre land at Visakhapatnam belonging to District Library Department on BOT model under PPP mode.

Components:

Current Status:

Project Brief:

  • Govt. nominated INCAP to conduct Transaction Advisory Services in the selection of bidder for development of one acre land at Visakhapatnam belonging to District Library Department on BOT model under PPP mode.
  • The project is for development of land to create 27000 sq ft. of built-up area, 14 covered parking slots, interiors and furniture for the entire 27000 sq ft. of built-up space free of cost to the District Library Department.
  • In addition to the above Library Authority will get annual lease premium with escalation every year.