Friday, January 26, 2018

$1.6m masterplan for two Industrial nodes on Chennai-Kanyakumari Industrial Corridor


Chennai:

Tamil Nadu government is seeking consultants to prepare master plan for developing two nodes on priority basis along the Chennai-Kanyakumari Industrial Corridor which is part of East Coast Economic Corridor (ECEC), the first coastal corridor to be implemented in India.

The nodes under the Chennai-Kanyakumari Industrial Corridor, which comes under the second phase of East Coast Economic Corridor, include Madurai-Virudhnagar-Dindigul-Theni node and Thoothkudi-Tirunelveli node.

The first phase of the ECEC consists of Vizag-Chennai Industrial Corridor and the third phase runs through Odisha and West Bengal.

Asian Development Bank will be providing $1.6 million funds for preparing the master plan for the two nodes, which were assessed and prioritised for development based on the three key criteria which include rail road, port and air connectivity, urban-industrial eco-system and skilled work force supply.

The Madurai-Virudhnagar-Dindigul-Theni (MDVT) node will cater to 8,232 acres of land. This includes existing 25 acres of SIPCOT land in Nilakottai. Official sources indicated that 8,207 acres of land needs to be acquired for the node in Thirumangalam in Madurai district, Vedasandur in Dindigul district, Virudhnagar and Sattur in Virudhnagar district and Bodinayakanur in Theni district.

Similarly, the Thoothkudi-Tirunelveli node will come up in 11,248 acres of land. This includes 2,730 acres of land in existing parks which include Thoothkudi Sipcot, Gangaikondan Sipcot, Gangaikondan Special Economic Zone (SEZ) and Nanguneri SEZ.

It is learnt another 8,518 acres of land is required to be acquired for the project in Sillanathan and Kulathur in Thoothkudi district and Gangakondan New Park in Tirunelveli district.

The master plan will assess the comprehensive market potential of the nodes, including economic profile, industry scenario and potential growth. It will also include plans for development of climate-resilient external and internal infrastructure for the nodes in terms of transport and logistics and infrastructure to streamline transport connections at ports, feeder connections and maritime gateways.

The integral part of master plan process will be demand side intervention with a focus on assessing the needs of investor. Anchor investors for the nodes will be identified early on and continuous consultations will be pursued to identify their concerns and expectations, their land, infrastructure, skill and utility pricing requirements will assessed and given due consideration in the plan.

It is learnt that that master plan will delineate zones or areas where the development will be focused along with associated permissible land uses in respective regions to optimally utilize any existing infrastructure or unutilized industrial lands.

Factfile:

1.  The masterplan will provide comprehensive market potential of the two industrial nodes

2.  It will assess the population to be catered to by the proposed industrial nodes for next 30 years

3.  It will conduct gap assessment of social infrastructure including health, education, housing and recreational facilities with respect to projected requirements

4.  Develop a land use plan to strengthen urban development dimension and provide for ring fencing land around the nodes for development of urban agglomerations.

5.  Propose strategies that would stimulate and strengthen domestic and international trade links for the nodes



East Coast Economic Corridor Factfile:

1.  The ECEC is implemented in three phases

2.  Phase-1 includes Vizag-Chennai Industrial corridor, which covers Andhra; Phase II covers Chennai-Kanyakumari Industrial Corrior and Phase III covers Odisha and West Bengal

3.  Chennai-Kanyakumari Industrial Corridor will have two industrial nodes

4.  The industrial nodes include Madurai-Dindigul-Virudhnagar-Theni (8,232 acres) and Thoothkudi-Tirunelveli Corridor (11,248 acres)

5.  The master plan for the two industrial nodes will be funded by Asian Development Bank ($1.6m).

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