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The Centre has sanctioned an amount of Rs 69.83 Crore in 2014-15 for the development of Kakinada Hope Island Konaseema as World class coastal & Eco Tourism Circuit in Andhra Pradesh under the Swadesh Darshan scheme.

The Ministry of Tourism has launched the Swadesh Darshan scheme with a vision to develop theme based tourist circuits on the principles of high tourist value, competitiveness and sustainability in an integrated manner by synergizing efforts to focus on needs and concerns of all stakeholders to enrich tourist experience and enhance employment opportunities. Coastal Circuit is one of the twelve thematic circuits identified for development under the Swadesh Darshan scheme.

The Ministry of Tourism had sanctioned the project-development of Vishakhapatnam and Bheemunipatnam Beach Corridor mega circuit in Andhra Pradesh for Rs.45.88 crore under the scheme of Product/Infrastructure Development for Destination and Circuits in the year 2012-13.