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Visakhapatnam to Get Mega Amusement Park, Luxury Resort on 50 Acres with Rs 100 Crore Investment
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Visakhapatnam to transform with Rs 100 Cr Mega Amusement Park & Resort
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News18
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12-03-2026, 17:52
Visakhapatnam to transform with Rs 100 Cr Mega Amusement Park & Resort
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Andhra Pradesh Tourism Department initiates a mega amusement park and luxury resort project in Visakhapatnam.
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MoU signed with M/s Modern Masti Private Limited for the Rs 100 crore project on 50 acres.
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Project aligns with 'Swarnandhra Tourism Vision–2047' and aims to boost tourism and create 300 direct jobs.
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M/s Modern Masti Private Limited, headquartered in Gwalior, has 40 years of experience in the sector.
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Government offers incentives like 25% capital investment subsidy and 100% net SGST reimbursement under 'Andhra Pradesh Tourism Policy 2024–2029'.
Read Full Article on News18 in Telugu
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