During the recent World Economic Forum in Davos, Switzerland, Telangana attracted investments worth nearly Rs 21,400 crore in various sectors such as data centres, life sciences, and FMCG, said Industries Minister KT Rama Rao.
In addition to these investments from global corporations, the World Economic Forum had also declared that its Centre for the Fourth Industrial Revolution (CFIR) focused on healthcare and life sciences would be established in Hyderabad, the Minister said.
The CFIR would facilitate, advance and accelerate the development of adoption of newer technologies in healthcare in the country, he said in response to a question by BRS MLA Saidi Reddy Shanampudi in the Assembly here on Thursday.
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Hyderabad’s development is the ultimate motto of the Telangana govt
The ultimate motto of the Telangana government is the development of entire Hyderabad, irrespective of parties and places, said Minister KT Rama Rao.
The Minister listed the works underway and progress made in providing drinking water, power supply, mobility infrastructure, sanitation, and heritage structure conservation at a high-level review meeting on the development of Hyderabad’s old city here on Tuesday.
The meeting was attended by Home Minister, Mohd Mahmood Ali, AIMIM floor leader Akbaruddin Owaisi, MP Dr G Ranjith Reddy, Chief Secretary A Santhi Kumari, Special Chief Secretary of MA&UD Department, Arvind Kumar, and officials from GHMC, HMDA, HMWSSB, TSSPDCL and other departments.
The Minister stated that as part of the SRDP, work to strengthen the road network in the old city area was progressing quickly, with several flyovers and road construction projects completed. Rama Rao asked officials to speed up work in areas where road widening is critical, citing the difficulty of widening roads in the densely populated old city.
Work on traffic junctions, foot over bridges, and bridges over Musi is progressing quickly, and the Minister stated that more than Rs 1200 crore has been spent on the development of drinking water facilities, with over 2.5 lakh connections taken in the old city under the free water supply scheme. The power supply system in the old city, as well as other areas, has greatly improved.
Sanitation was prioritised in tourist areas such as Charminar, Chowmahalla Palace, Mecca Masjid, and Salarjung Museum. Along with the State government’s various health schemes, 84 Basthi Dawakhanas were established in the region. Plans were ready for the restoration of Mir Alam Mandi and proposals for a six-line cable bridge over Mir Alam Tank were in the DPR stage.
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