C Shivakumar
Chennai:
Will the Union government heed to the pleas of Tamil Nadu government
and V O C Port Trust chairman to extend the Vizag-Chennai Industrial
Corridor to include South Eastern Coast of Kanyakumari-Thoothkudi in
the first phase of development of East Coast Corrdior?
This will be the curiosity among policy makers in the state as well as
port officials who will be anxiously waiting to hear in the budget on
whether the Centre has heeded to their pleas for starting a planning
exercise to include the Kanyakumari-Thoothkudi-Chennai corridor in the
first phase itself.
It is learnt that Industries secretary C V Sankar as well as VOC Port
chairman S Anatha Chandra Bose has pushed for Tamil Nadu’s case after
then Chief Minister J Jayalalithaa has urged the Centre after Union
finance minister Arun Jaitley presented his budget last year to extend
the project to include Madurai-Tuticorin economic corridor.
Officials feel since the Centre is keen to have economic development
of the coastal areas as has been done in China, the government should
simultaneously develop the East Coast Economic Corridor linking Vizag
and Chennai with South East Coast of Kanyakumar-Thoothkudi and
Chennai.
Interestingly, the plea to extend the corridor came after the concept
of Eat Coast Economic Corridor (ECEC) was presented by Asian
Development Bank in New Delhi It is learnt that ECEC is envisaged to
be one of the key corridors in India along with Delhi-Mumbai
Industrial corridor (DMIC) and Chennai-Bengaluru Industrial Corridor
(CBIC) and will enable the land bridge between Indian East coast and
east Asian countries.
It is learnt that the Industry secretary has written to the Centre
that a corridor geography should aim towards confluence of regional
economic integration and inclusive growth rather than only Andhra
Pradesh.
“We want the ECEC development should be taken up in full dimension to
cover South east Coast of the country starting from
Thoothkudi-Kanyakumari to Chennai,” he stated.
Interestingly, the coastal stretch between Chennai and Thoothkudi has
several development plans which include Petroleum, Chemicals and
Petrochemicals Investment region (PCPIR) already approved by Union
government , a National Investment and Manufacturing Zone in
Ramanathapuram distrct besides the Madurai-Thoothkudi manufacturing
industries corridor. It also includes the five million tonnes per year
capacity liquefied Natural gas terminal in Ennore Port being set up
through a joint venture of Indian Oil Corporation and Tamil Nadu
Industrial Development Corporation.
It is learnt that for PCPIR development alone in Tamil Nadu,
investment up to Rs 13,354 crore has been firmed up for infrastructure
development including rail or road connectivity as approved by Cabinet
Committee on Economic Affairs in July 2012. Besides, during a meeting
held on july 2014, the state government presented a proposal for the
development of East coast road (four-laning) at a cost of Rs 4,406
crore which will be the external linkage for South Eastern Coastal
segement of the proposed East Coast Economic Corridor.
Interestingly, the Tamil Nadu Industry secretary has urged the that
the Master Planning and Perspective Planning exercise of ECEC
development should cover South eastern coast of the country including
Kanyakumar-Thoothkudi and Chennai. Segment of ECEC and this should be
simultaneous to the Vizag-Chennai Corridor Development programme.
Even Thoothkudi’s V O C Port Trust chairman S Anantha Chandra Bose has
echoed the view of the state government stating that VOC Port is
complementing its facilities and resources for the project.
Box:
Why Chennai-Vizag Corridor be extended to South east corridor linking
Kanyakumar-Thoothkudi and Chennai?
Key development plans in Kanyakumar-Thoothkudi-Chennai corridor
1. Petroleum, chemicals and petrochemical investment region (PCPIR)
between Cuddalore and Nagapattinams to be developed in an area of 318
square km along the coastal Cuddalore — Nagapattinam stretch. It has
investment potential of Rs 90,000 crore (Investment of Rs 25,000 crore
already been anchored).
2. A five million tonnes per year capacity LNG terminal in Ennore
Port being set up though a joint venture of IOC and state owned TIDCO.
3. A National Investment and Manufacturing Zone in Ramanathapuram
4. The Madurai-Thoothkudi-Tirunelveli industrial corridor which is
expected to attract 1.90 lakh crore investment
Chennai:
Will the Union government heed to the pleas of Tamil Nadu government
and V O C Port Trust chairman to extend the Vizag-Chennai Industrial
Corridor to include South Eastern Coast of Kanyakumari-Thoothkudi in
the first phase of development of East Coast Corrdior?
This will be the curiosity among policy makers in the state as well as
port officials who will be anxiously waiting to hear in the budget on
whether the Centre has heeded to their pleas for starting a planning
exercise to include the Kanyakumari-Thoothkudi-Chennai corridor in the
first phase itself.
It is learnt that Industries secretary C V Sankar as well as VOC Port
chairman S Anatha Chandra Bose has pushed for Tamil Nadu’s case after
then Chief Minister J Jayalalithaa has urged the Centre after Union
finance minister Arun Jaitley presented his budget last year to extend
the project to include Madurai-Tuticorin economic corridor.
Officials feel since the Centre is keen to have economic development
of the coastal areas as has been done in China, the government should
simultaneously develop the East Coast Economic Corridor linking Vizag
and Chennai with South East Coast of Kanyakumar-Thoothkudi and
Chennai.
Interestingly, the plea to extend the corridor came after the concept
of Eat Coast Economic Corridor (ECEC) was presented by Asian
Development Bank in New Delhi It is learnt that ECEC is envisaged to
be one of the key corridors in India along with Delhi-Mumbai
Industrial corridor (DMIC) and Chennai-Bengaluru Industrial Corridor
(CBIC) and will enable the land bridge between Indian East coast and
east Asian countries.
It is learnt that the Industry secretary has written to the Centre
that a corridor geography should aim towards confluence of regional
economic integration and inclusive growth rather than only Andhra
Pradesh.
“We want the ECEC development should be taken up in full dimension to
cover South east Coast of the country starting from
Thoothkudi-Kanyakumari to Chennai,” he stated.
Interestingly, the coastal stretch between Chennai and Thoothkudi has
several development plans which include Petroleum, Chemicals and
Petrochemicals Investment region (PCPIR) already approved by Union
government , a National Investment and Manufacturing Zone in
Ramanathapuram distrct besides the Madurai-Thoothkudi manufacturing
industries corridor. It also includes the five million tonnes per year
capacity liquefied Natural gas terminal in Ennore Port being set up
through a joint venture of Indian Oil Corporation and Tamil Nadu
Industrial Development Corporation.
It is learnt that for PCPIR development alone in Tamil Nadu,
investment up to Rs 13,354 crore has been firmed up for infrastructure
development including rail or road connectivity as approved by Cabinet
Committee on Economic Affairs in July 2012. Besides, during a meeting
held on july 2014, the state government presented a proposal for the
development of East coast road (four-laning) at a cost of Rs 4,406
crore which will be the external linkage for South Eastern Coastal
segement of the proposed East Coast Economic Corridor.
Interestingly, the Tamil Nadu Industry secretary has urged the that
the Master Planning and Perspective Planning exercise of ECEC
development should cover South eastern coast of the country including
Kanyakumar-Thoothkudi and Chennai. Segment of ECEC and this should be
simultaneous to the Vizag-Chennai Corridor Development programme.
Even Thoothkudi’s V O C Port Trust chairman S Anantha Chandra Bose has
echoed the view of the state government stating that VOC Port is
complementing its facilities and resources for the project.
Box:
Why Chennai-Vizag Corridor be extended to South east corridor linking
Kanyakumar-Thoothkudi and Chennai?
Key development plans in Kanyakumar-Thoothkudi-Chennai corridor
1. Petroleum, chemicals and petrochemical investment region (PCPIR)
between Cuddalore and Nagapattinams to be developed in an area of 318
square km along the coastal Cuddalore — Nagapattinam stretch. It has
investment potential of Rs 90,000 crore (Investment of Rs 25,000 crore
already been anchored).
2. A five million tonnes per year capacity LNG terminal in Ennore
Port being set up though a joint venture of IOC and state owned TIDCO.
3. A National Investment and Manufacturing Zone in Ramanathapuram
4. The Madurai-Thoothkudi-Tirunelveli industrial corridor which is
expected to attract 1.90 lakh crore investment
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