Preamble

An Act to provide for the rapid development of physical and social infrastructure in the State and attract Private Sector Participation in the designing, financing, construction, operation and maintenance of Infrastructure Projects in the State and provide a comprehensive legislation for reducing administrative and procedural delays, identifying generic project risks, detailing various incentives, detailing the project delivery process, procedures for reconciliation of disputes and also to provide for other ancillary and incidental matters thereto with a view to presenting bankable projects to the private sector and improving level of infrastructure in the State of Andhra Pradesh and for matters connected therein or incidental thereto. Be it enacted by the Legislative Assembly of the State of Andhra Pradesh in the Fifty Second year of the Republic of India as follows: