Happening city....Vizag

Sir · Posted: Fri May 16, 2008 11:51 am Post subject: Vizag ahead!

Phoenix of Dubai plans to list India entity next fiscal.
Plans to constuct Radisson Plaza star Hotel at Vizag.

Dubai’s Phoenix Group, which operates luxury resorts and spas in the South, is consolidating its Indian businesses, as its prepares to raise funds for expansion. On the cards is a possible listing of the consolidated entity on Indian bourses in the next financial year.

The group’s focus is on developing a chain of luxury business hotels over the next 3-5 years. It will also begin construction of two premium residential projects in Goa this year.

“The current requirement of funds is estimated at Rs 1,500 crore. The group will raise 70% through borrowings and the rest will come from either an IPO or private equity placement, depending on market conditions. The consolidation process will be completed this fiscal,” said Priti Chand, director (PR & communications).

The Phoenix Group has interests in the hospitality, real estate and floriculture businesses in Asia, Africa and Europe. In India, it is also considering an entry into education services but no plan has been firmed up yet, Ms Chand said.

The first of its business hotels, containing 160 rooms, will be operational in Bangalore within a year under the Radisson Plaza brand. Phoenix has also identified land in Ahmedabad, Kochi, Chennai, Nagpur and Visakhapatnam for more such hotels.

“We are in advanced negotiations with Carlson Hotels Worldwide as well as with other global hospitality groups for franchises. We will manage the properties ourselves,” he said. Phoenix operates the Radisson Plaza Resort & Spa in Kerala, Radisson White Sands Resort and the Country Inns & Suites in Goa, all under a franchise from Carlson Hotels Worldwide.

The group estimates the value of its investments in India at about Rs 1,500 crore and employs some 950 staff in India.
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Sir

RealityRider

It’s people’s victory, says MLC

MLC M.V.S. Sarma has described the State Government’s decision withdrawing its move to shift the proposed Central University from Visakhapatnam to Kadapa as a ‘victory of the people of north Andhra’.

He welcomed the orders issued by the State Government on Wednesday for the acquisition of 700 acres of land in Visakhapatnam for setting up of the proposed Central University. Mr. Sarma said that the State Government had reversed its decision bowing to pressure from the public, students, employees’ unions and political parties.

He commended the role played by People for India, students union, intellectuals and others that forced the Government to reverse its decision.

source : http://www.hindu.com/2008/05/30/stories/2008053059310300.htm

The hindu - 30/05/2008 - vizag news

Sir · Posted: Sat May 31, 2008 1:41 am Post subject: Vizag Ahead!

Rs 19-Cr for KGH super-specialty
Rs 120-Cr VIMS construction to start soon.

The Arogya Sri scheme willbe launched in the district in July and implemented across the state by October to provide the best medical services to the poor, said Health Minister G Aruna Kumari.

The minister told newsmen the poor will benefit from the ‘Arogya Sri’ once it is implemented in 23 districts. About Rs 131 crore had been spent from the Chief Minister’s Relief Fund to enable the poor to undergo various surgeries.

To a query, she said medical teams had been deployed in the Agency areas to serve the tribals suffering from viral fevers.

Trauma Care Centre

Later, the Minister inaugurated the Trauma Care Centre at King George Hospital here. She said the Centre would provide speedy medical treatment to the patients during emergencies and accidents. The Centre will be supported by a network of ambulances and paramedics. She also inaugurated forensic medicine and artificial organs departments at the hospital.

At a review meeting later, she said Rs 46 crore was spent on modernising KGH in the past four years and another Rs 19 crore was sanctioned to set up super-specialty medical facilities at the KGH. She also directed the KGH authorities to prepare an action plan to provide facilities on par with corporate hospitals.

VIMS to be ready by January
Minister reviews progress of work

The first phase of the Visakha Institute of the Medical Science (VIMS) super speciality hospital, being constructed at Old Dairy Farm in the city, will be ready with 450 beds and 15 super speciality departments in five blocks by January 2009.

This was announced by the Medical Education and Health Insurance Minister Galla Aruna Kumari on Thursday evening after reviewing the progress of the construction of the hospital and also inspecting its model along with Commercial Taxes Minister Konathala Ramakrishna.

According to the plan, it is proposed to construct the hospital at a cost of Rs.120 crores with 1,130 beds and 21 super speciality departments. In the first phase, Rs.50 crores would be spent. She alleged that the construction was delayed due to the writ petition filed by some TDP leaders.

VIMS special officer K.V. Subba Rao explained the details to the ministers. Among others, city Mayor P. Janardhana Rao, Deputy Mayor Dora Babu and MLAs T. Gurumurthy and Dronamraju Srinivas were present.

NIMS - Models

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Sir

RealityRider · Posted: Mon Jun 02, 2008 7:15 am Post subject: Hi-tech parking system in city

Hi-tech parking system in city

Visakhapatnam, June 1: To ease traffic woes and prevent road blocking the Greater Visakha Municipal Corporation (GVMC) would be introducing hi-tech prepaid parking system in the city. It is likely to come into force from the first week of June.

The GVMC commissioner, Mr M.K. Meena, here held a high-level meeting recently with other officials for effective implementation of the system for the benefit of commuters. In consultation with police department the Corporation identified 51 parking places across the city.

"This intelligent parking system is being introduced in the city after the Greater Hyderabad Municipal Corporation in the state. It is a prepaid parking system with a smart card and automatic money collection. This card enables automatic vehicle access, automatic time recording and automatic money collection," said the commissioner. Listing benefits the commissioner said that the system would reduce cash handling and misuse of funds, traffic control and systematic parking, income to GVMC.

Parking for as many as 774 four-wheelers and 4,834 two-wheelers can be facilitated at various identified parking lots each day. Smart cards worth Rs 200 per annum for two-wheelers and Rs 500 for four-wheelers can be bought by the commuters, which will be swiped by the attendants at the lots whenever they enter the zone. Or else the commuter has to pay each time Rs 2 for two-wheeler and Rs 5 for four-wheeler.

These smart cards are available at all e-seva centres and all respective parking places, said the GVMC authorities.

source : http://www.deccan.com/Region/RegionNews.asp#Hi-tech%20parking%20system%20in%20city

Deccan chronicle - 02/06/2008 - vizag region news