hyderabad in a move that is sure to raise hyderabads stakes for a play as a preferred global destination for animation visual effects gaming and comics avgc industry the telangana government is all set to lay the foundation for a dedicated worldclass facility for the sector image tower innovation in multimedia animation gaming entertainment in the city it minister kt rama rao will be laying the foundation stone for the tower which is slated to emerge as yet another iconic building towering over the cyber citys skyline on sunday at the hyderabad knowledge city in raidurgam ranga reddy districtthe image tower the first look for which was unveiled by ktr at the nasscom game developers conference late last year will come up over a builtup area of 16 lakh sft at a cost of around 945 crore the project will be taken up on a publicprivate partnership mode the government said in a release on saturday the worldclass centre of excellence will provide an ideal environment for the avgc industry with plug and play spaces stateoftheart builtup office space at subsidized rates to first generation technocrat entwrepreneurs as well as small and medium enterprises engaged in the sector the release said the tower will also house common facility centers such as sound and video editing as well as an incubation centre for the avgc industry replete will all the requisite support services including a high speed telecommunication link as the volume of data transferred is multifold as compared to the it sector it may be recalled that the state government had unveiled a dedicated image policy in april 2016 to woo the avgc industry to hyderabad and make telangana a favoured destination for the sunrise sector