C Shivakumar
Chennai:
Tamil Nadu will have three of 14 coastal economic zones ( CEZ) proposed by the Union Shipping Ministry as part of a comprehensive plan for port- led industrialisation under the Sagarmala initiative.
The three CEZs include Mannar- Tamil Nadu Coastal economic zone, Poompuhar-Tamil Nadu CEZ and Vizag-Chennai Industrial Corridor CEZ.
The Coastal Economic Zones have been demarcated to align with the planned industrial corridors and the Shipping Ministry expects the three CEZ along with 11 others could add $110 billion to Indian merchandise exports through high potential industries.
The locations have been mapped to relevant major and non-major ports in the region that can optimally facilitate the movement of cargo from the industrial locations.
Twelve major industries covering energy, material and discrete manufacturing have been identified on the basis of suitability of ocean mode of transportation for imports of raw materials or exports of finished products.
The plan is also for a sustainable development of coastal communities, which consists of 18pc of Indian population. It is learnt that one tonne of port throughput is on an average associated with $100 of economic alue addition and an increase of one million tonnes of port throughput is associated with generAtion of 300 new jobs in the port region.
Interestingly, the Mannar- Tamil Nadu CEZ would be developed keeping in mind the development of new Enayam Port. It will be beneficial to Kanyakumari-Tirunelveli- Thoothkudi corridor with special focus on VOC Port. The Shipping ministry is targetting apparel and refining in the CEZ.
It is learnt that projects like Expressway to Enayam, a road to Hare Island and container berth at VOC Port are proposed to boost the Coastal Economic Zone.
Similarly, the Poompuhar- Tamil Nadu Coastal Economic Zone would cater to Cuddalore, Perambalur, Ariyalur, Tiruchirapalli, Thanjavur, Tiruvarur and Nagapattinam with focus on leather processing, power and refining. The growth would be centred around Cuddalore Port and the proposed port at Sirkazhi.
The Vizag-Chennai Industrial Corridor CEZ will target Thiruvallur, Chennai and Kancheepuram with focus on petrochemicals, electronics, steel and ship building.
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