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Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) will spend about Rs300 crore over the next two-three years to create additional infrastructure at the Achuthapuram AP Special Economic Zone (SEZ).
The state government has earmarked 5,446 acres of land for the Achuthapuram SEZ in Visakhapatnam district.
APIIC has already spent about Rs300 crore to develop supporting infrastructure like roads, drains, power and water supply at the SEZ.

The fresh investments of about Rs300 crore would be for constructing a common effluent treatment plant, solid waste management project and other infrastructure facilities.
The government has allotted about 1,700 acres to various companies including Hindustan Petroleum Corporation, WS industries, Pokarna Granites, Southern Online Bio-tech, Confidence Petroleum, Anjaneya Alloys, Rain Commodities, Vellamgani Renewable Energies and Uniparts.
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