Monday, February 2, 2015

‘Pearl City’ to play a key role in growth of Tamil Nadu

C Shivakumar
Chennai:

If the East Coast Corridor linking Vizag-Chennai is extended to south
eastern coast of Kanyakumari-Thoothkudi-
Chennai, industry feels ‘pearl
city’ (Thoothkudi) is likely to play a key role in the growth of Tamil
Nadu as well as the state.

The city which smells of salt and fish holds a huge potential for
investment and VOC Port is likely to play a key role in the city’s
growth.

VOC Port has been playing a catalyst role in industrialization and
development of the region in southern Tamil Nadu which is reflected in
the capacity addition in the inner harbor of the port which is being
increased from currently 42.06 million tonnes to 85.49 million tonnes
by 2017 with the construction and commissioning of six mechanized
berths with draft of 12.8 metre at a cost of Rs 1306 crore.

Confederation of Indian Industry feels that the infrastructure of the
city should be developed on par with Colombo so that it will attract
the global shipping industry.

A study by CII has stated that investments to the tune of Rs.45,350
crore is needed across key sectors in Thoothukudi district by 2023 in
order to address gaps in connectivity, social and civic
infrastructure, infrastructure for industries as well as develop
agriculture and allied sector.

Interestingly, the state government is aggressively planning for the
Madurai-Thoothkudi-Tirunelveli industrial corridor which is expected
to attract 1.90 lakh crore investment.

Connected by airport, land as well as sea besides having Tamraiparani
river to fulfil its drinking water needs, the area has lands suitable
for industry. Ligi George, past chairman of Confederation of Indian
Industry (CII) Madurai Zone and now a member of CII’s National Council
for Small and Medium Enterprises (SMEs) says that the Tuticorin should
be provided with the infrastructure as well as large and quality
hotels so that it can match Colombo which is the preferred destination
for international shipping industry as well as crew.

“The whole region should undergo a massive change in infrastructure.
There should also be hotels as well as active night life to attract
the crew,” he says.

The region also lacks quality educational institutions like IIT or IIM
besides is facing drinking water issues. CII feels that a desalination
plant is required to quench the thirst of the city which is expanding
at a rapid pace.

John says efforts should also go in building an entertainment park or
developing the coast for adventure sports like being done in Goa.

Interestingly, a CII report also proposes to develop Tuticorin as
automotive hub by developing Tuticorin sea port to export cars. The
initiative has already begun with the Centre sanctioning investment of
around Rs. 7,500 Cr during Phase1 of the proposed development of the
VOC Port.



ThoothukudiDistrict: Summary of investments required (Rs. Crore)

2013-23

Agriculture & allied sector 500

Tourism sector 150

Infrastructure 40,100

Social infrastructure 2,500

Civic infrastructure 2,850

Total 46,100 crore



2.21ThoothukudiDistrict: Sector wise summary of investments required (Rs. Crore)

Infrastructure                 Civic Infrastructure                        Social infrastructure Rs. Cr

Sea port * 7,500          City roads& Street lights 500          Slum Improvement 800

Roadways 1,500                        Water supply 500             Schools & Colleges 800

Railways 600            Desalination plant 1,750                    Hospitals 900

Airport 500                Sewerage and solid waste 100        Total 2,500

Power plants 25,000                     Total 2,850

Industrial infrastructure 5,000

Total 40,100

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