RMZ, Asia’s leading privately owned alternative asset owner and operator, has entered into a strategic investment partnership with the Government of Andhra Pradesh to facilitate investments of up to USD 10 billion over the next five to six years. The collaboration was unveiled at the World Economic Forum Annual Meeting 2026 in Davos.
The partnership is designed to accelerate mixed-use, digital, industrial, and logistics infrastructure projects across key regions of Andhra Pradesh, aligning with the State’s vision of balanced regional growth and technology-led development.
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Visakhapatnam Focus:
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RMZ will develop a Global Capability Centre (GCC) at Kapuluppada Phase-1 IT Park, spanning 50 acres with a potential built-up area of 10 million sq. ft.
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A hyperscale data centre cluster with up to 1 gigawatt capacity will be planned across 500–700 acres, supporting next-generation digital and AI workloads with sustainable, green power integration.
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Rayalaseema Development:
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RMZ will establish a 1,000-acre Industrial and Logistics Park at Tekulodu, anchoring manufacturing, warehousing, and logistics activity to boost employment and industrial growth in the region.
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Government officials emphasized Andhra Pradesh’s commitment to speed of doing business, single-point facilitation, and predictable policy frameworks.
“This partnership strengthens our digital and enterprise ecosystem, attracting global enterprises and scaling high-quality employment,” said Mr. Nara Lokesh, Hon’ble Minister for ITE&C and HRD.
RMZ leadership highlighted the State’s clarity of vision and investor-friendly environment.
“We aim to create globally benchmarked IT, data centre, and industrial ecosystems that can attract global enterprises and generate meaningful employment,” said Mr. Manoj Menda, Chairman - Supervisory Board, RMZ.
Together, the developments are expected to generate over one lakh jobs across IT, data centres, industrial, and logistics sectors, positioning Andhra Pradesh as a next-generation hub for digital and industrial infrastructure.
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