With a view to propelling Hyderabad into the list of Top-10 global cities by
2050, the Hyderabad Metropolitan Development Authority (HMDA) has called
for Request for proposals (RfPs )from consultants of international repute to help
it prepare an Economic Development Plan.
The plan will be a comprehensive document that will form the basis for future
economy of Hyderabad. The successful bidder will assess the present situation
and prepare a short-, mid-term and long-term plans. One of the key mandates
for the bidder is to forecast the future employment size and population size of
the region by 2050.
The plan will also indicate potential locations of economic activities such as
industrial clusters, mixed-use clusters, IT and IT-enabled services clusters,
pharma clusters, electronic industries, bio-tech, etc.
The HMDA is responsible for planned development of the state capital region
and surrounding urban and sub-urban areas. This includes 12 municipalities and
849 villages. The fact that over 54 per cent of the Gross State Domestic Product
(GSDP) comes from the HMDA region shows its importance in Telangana’s
economy.
