Japan International Cooperation Agency
The Department of Industrial Policy and Promotion (DIPP) along with Japan International Cooperation Agency (JICA), who are the official consultants of the project, on Tuesday announced the launch of the study for the Chennai-Bangalore-Chitradurga corridor.
The Department of Industrial Policy and Promotion (DIPP) along with Japan International Cooperation Agency (JICA), who are the official consultants of the project, on Tuesday announced the launch of the study for the Chennai-Bangalore-Chitradurga corridor.
The
study will cover an area of 560 Km spread across
Karnataka, Andhra Pradesh and Tamil Nadu, along the corridor between
Chennai-Bangalore-Chitradurga and will cost about Rs. 60 crore. The
study will help in arriving at the total cost of the project.
The
study team will prepare a comprehensive regional perspective plan for
the region, along with developing strategy for transforming the region
into a globally competitive investment destination through discussions
among government/governmental agencies and the private sector of
both India and Japan. The study team will also identify suitable nodes
to be taken up for industrial development within the target and prepare
Master Plan and Development Plan for at least two selected Industrial
nodes, along with techno economic feasibility study of early bird
projects in the two nodes.
Chief officer of JICA in India developing the infrastructure
around CBIC was very important for creating the industrial belt on
Chennai - Bangalore corridor."Improved infrastructure is immensely
important for attracting investment in the region which will fuel
employment and comprehensive development of the whole region,’’ he said.
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