RMZ Partners with Andhra Pradesh Govt to Drive $10 Billion in Investments

Real estate developer RMZ has entered into a strategic partnership with the Andhra Pradesh government to deploy up to $10 billion over the next 5 to 6 years, focusing on mixed-use developments, digital infrastructure and industrial assets across the state, as per news reports. 

Strategic Alignment with State Development Vision 

The agreement was formalised at the World Economic Forum Annual Meeting 2026 in Davos and reflects RMZ’s long-term, platform-driven investment strategy.  

The partnership supports Andhra Pradesh’s plan to position Visakhapatnam as a future-ready digital and mixed-use hub, while accelerating industrial and logistics-led growth in the Rayalaseema region to drive balanced regional development and employment generation. 

Large-Scale Digital Infrastructure in Visakhapatnam 

As part of the collaboration, RMZ will develop a global capability centre (GCC) at Kapuluppada Phase-I IT Park in Visakhapatnam.  

The proposed development spans around 50 acres and could deliver up to 10 million square feet of built-up space, aimed at attracting multinational enterprises and expanding the city’s GCC ecosystem. 

The company also plans to establish a hyperscale data centre cluster in and around Visakhapatnam with a targeted capacity of up to 1 gigawatt.  

The project, to be executed in phases, will require approximately 500–700 acres and is designed to support advanced digital and AI-driven workloads, with an emphasis on sustainability and green power integration. 

Industrial and Logistics Push in Rayalaseema 

In Rayalaseema, RMZ intends to develop a large industrial and logistics park at Tekulodu across nearly 1,000 acres.  

The facility is expected to anchor manufacturing, warehousing and logistics operations, strengthening the region’s industrial base and improving supply chain infrastructure. 

Leadership Commentary 

As per news report, Manoj Menda, chairman, supervisory board, RMZ, said, “Andhra Pradesh is emerging as one of India’s most compelling destinations for next-generation digital and industrial infrastructure. The state’s clarity of vision, speed of decision-making, and commitment to balanced regional development give long-term investors the confidence to deploy capital at scale.”  

Currently, RMZ owns and operates over $20 billion in real assets, totaling 70 million square feet across 6 of India’s largest cities. Their integrated owner-operator approach ensures end-to-end control over their expansive property portfolio. 

Read More: Andhra Pradesh Leads India in FY26 Investments, Secures 25.3% of Proposed Capital! 

Conclusion 

With this partnership, RMZ strengthens its presence in India’s digital and industrial infrastructure landscape while supporting Andhra Pradesh’s ambition to emerge as a major hub for technology-driven and industrial growth. 

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