Chennai-Kanyakumari Industrial Corridor Workshop
21 Feb 2017
The Government of Tamil Nadu and the Asian Development Bank (ADB) conducted a workshop on the Chennai-Kanyakumari Industrial Corridor (CKIC) on 21 February 2017 in Chennai, India. CKIC, the second phase of India’s East Coast Economic Corridor (ECEC) development, aims to accelerate manufacturing growth in the state of Tamil Nadu. ADB is looking at a 30-year development strategy for the ECEC.
- Presented the economic corridor concept to stakeholders;
- Discussed key findings of the ADB-led CKIC study, including the identified growth sectors, priority growth nodes, infrastructure investment requirements, and necessary institutional mechanism and regulatory framework;
- Gathered valuable feedback on key findings of the ongoing study; and
- Noted that the corridor’s full potential would be achieved over the long term,
Around 50 representatives from business, industry associations, and state Government officials attended the Workshop. Mr. Vikram Kapur, Principal Secretary, Industries Department, Government of Tamil Nadu, chaired the Workshop and delivered the closing remark.
CKIC and its infrastructure plan will be aligned with Vision 2023 of the Government of Tamil Nadu and the Sagar Mala initiative to develop India’s economic strength along its coastline by transforming ports, industrial clusters near the coast, and inland logistics infrastructure.