Machilipatnam (AP), Mar 11 (PTI) Work on the Machilipatnam Deep Seaport will begin within three months and it would cost Rs 4,500 crore, MP V Balashowri said on Friday.

The work will be done with the cooperation of three nationalised banks, he told reporters here.

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Tenders will be called in the next two months, following which work will begin, Balashowri said.

He also said that Dr Pattabhi Sitharamayya Memorial Knowledge Centre will be set up here at a cost of Rs 40 crore.

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Chief Minister Jagan Mohan Reddy has written to Krishna District Collector to select a suitable site for the centre, the MP added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)