The Andhra Pradesh state government has said that it has signed eight MoUs which would bring investments of over Rs. 1,200 crore. Proposals involve setting up of an amusement park and water world parks at Vijayawada, Tirupati and Visakhapatnam at an estimated cost of Rs. 800 crore. Besides, four investor firms have been given provisional registration certificates for their proposed hotel projects.
Extracted from The Hindu, Oct 12,’15