India: Supporting the Preparation of a Comprehensive Master Plan for the Chennai–Kanyakumari Industrial Corridor

The TA will support the preparation of a comprehensive master plan for two priority nodes of the Chennai Kanyakumari Industrial Corridor (CKIC). The master plan will provide detailed recommendations for targeted industries and subindustries, development phasing and costing of infrastructure at the corridor and node levels, and an institutional framework for the management of the corridor. It will also identify comprehensive market potential and critical gaps of industries and infrastructure in the region; analyze the financial and economic aspects of the CKIC; and identify a regulatory and implementation framework for an enabling environment that promotes local industries, creates world-class infrastructure, and attracts global investments.

PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

10 Jan 2018

Technical Assistance

India

Economic Corridors

Ongoing

$1.60 million

KEY OUTPUTS

Strategic framework and policies for establishing two industrial nodes—the Thoothukudi-Tirunelveli and the Madurai-Virudhunagar-Dindigul-Theni nodes

Investor awareness of the CKIC

FINANCING

$1.6 million (Republic of Korea e-Asia and Knowledge Partnership Fund)