The Govt. of Andhra Pradesh has shown keen interest in increasing private sector participation in the development of infrastructure facilities in the State. In the past decade, it has built a proven track record in Public-Private-Partnership (PPP) mode of development in Infrastructure projects in various sectors.
The recognition of the need to rope in private sector as development partners led the Govt. of Andhra Pradesh to create the Infrastructure Corporation of Andhra Pradesh Ltd. (INCAP) on 31st May, 2005, as a part of the Department of Infrastructure and Investment. INCAP was envisaged to expressly increase the pace of infrastructure development by assisting the setting up and development of Public Private Partnership Projects in the State. It is designated to don the multiple roles of a Developer, Advisory, Financier and Manager as needed and to render a full range of services in every phase of project development, from their inception to the completion.