Andhra Pradesh Govt Announces Major Investment Partnerships with RMZ and Brookfield at WEF 2026

Amaravati: The Government of Andhra Pradesh announced strategic investment partnerships with RMZ and Brookfield at the World Economic Forum (WEF) Annual Meeting 2026 in Davos.

These collaborations aim to facilitate long-term global investments in infrastructure development across the state.

Partnership with RMZ

As part of the collaboration, RMZ will develop a Global Capability Centre at Kapuluppada Phase-1 IT Park in Visakhapatnam. The project is planned over nearly 50 acres, with a potential built-up area of up to 10 million square feet. The GCC is expected to attract global enterprises and strengthen Visakhapatnam’s growing technology and services ecosystem.

RMZ will also plan a hyperscale data centre cluster in the Visakhapatnam region with a targeted capacity of up to 1 gigawatt. To be developed in phases, the project is expected to require around 500 to 700 acres of land. The data centre platform will support advanced digital and AI workloads, with a strong emphasis on sustainability and green power integration.

In the Rayalaseema region, RMZ plans to develop an Industrial and Logistics Park at Tekulodu, spread across approximately 1,000 acres. The project is aimed at anchoring industrial manufacturing, warehousing, and logistics activity, supporting regional development and employment generation.

Partnership with Brookfield

Separately, the Andhra Pradesh government reaffirmed its fast-moving strategic partnership with Brookfield Asset Management following a high-level meeting between Minister for IT, Electronics, and Education Nara Lokesh and Brookfield Asset Management President Connor Teskey on the sidelines of the WEF meeting.

The discussions reviewed progress since their earlier meeting in London and focused on accelerating next steps under the USD 12 billion memorandum of understanding signed at the CII Partnership Summit in Visakhapatnam. The MoU is among the largest clean infrastructure commitments announced at the summit.

Focus on sustainable, next-generation industries

Together, the RMZ and Brookfield partnerships underscore the State’s growing profile as a destination for large-scale, sustainable investments, with the potential to generate employment for nearly one lakh people across IT, data centres, industrial and logistics sectors.