A Singapore consortium comprising Ascendas-Singbridge and Sembcorp Development has been appointed by the Andhra Pradesh state government as master developer for the state’s new capital, Amaravati City.

The consortium received the letter of award for the master development rights to the Amaravati City Start-up Area on May 15. The Start-up Area lies within the 20 sq km Seed Development Area of Amaravati City, on the River Krishna waterfront. Spread over 684ha, the Start-up Area is to be developed in phases over 15 to 20 years and will include commercial, office and residential developments. It is adjacent to the government core, which will house the state secretariat, legislative and judiciary buildings, and the governor’s office.

The consortium will work with Amaravati Development Corp to develop the financial district. The two will form a joint venture called Amaravati Development Partners, according to a media statement by Singapore’s Ministry of Trade and Industry.

The government of Andhra Pradesh needed a new capital city after the state was split in two in June 2014 to establish Telangana, India’s newest state. Andhra Pradesh’s current capital, Hyderabad, will be shared between the two states for 10 years. It will then go to Telangana, as it falls within its state boundary.