Vizag can attract $10bn investment

VISAKHAPATNAM, Andhra Pradesh: Prime Minister Manmohan Singh yesterday said the port city of Visakhapatnam had the potential to become a special economic region and attract an investment of $10bn. Launching the Rs980mn urban development scheme under the Jawaharlal Nehru Urban Renewal Mission here, he promised to help the Andhra Pradesh state government to transform Visakhapatnam, also known as Vizag, into a thriving business and industrial region.