Published On:January 2 2017
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German support for Madurai-Thoothkudi Industrial Corridor.
Tamil Nadu is seeking the help of Germany in preparing the integrated land use planning and management for Madurai-Thoothukudi Industrial Corridor Project, which will help bring investments of about Rs. 25,000 crore and generate employment for one lakh people.
Sources said a two-year Memorandum of Understanding is being planned with German Agency for International Cooperation (GIZ) to prepare land use applications for the State in Madurai-Thoothkudi Industrial Corridor region and Madurai district.
The note of cooperation is likely to be signed by the State Planning Department (SPD) and Directorate of Town and Country Planning (DTCP) for two years till October 2018. GIZ will also help the State Planning Commission to develop a State Land Use Policy and develop tools, instruments and guidelines for integrated land use planning and management in consultation with different planning experts and relevant officials from DTCP and SPD.
It is learnt that GIZ will also provide national land-use policy guidelines to the State and feedback at the national level wherever required thus forming a linkage with State and national-level policies and guidelines prepared under the project of Land Use Planning and Management.
GIZ will have a technical expert in the State Planning Commission office to closely coordinate with the State departments, provide technical advisory and develop human capacity under the project of land use planning and management.
It is learnt that the State Industries Promotion Corporation of Tamil Nadu has floated a special purpose vehicle for developing the Madurai-Thoothukudi Industrial Corridor project.
Sipcot has 19,000 acres in nine districts - Ramanthapuram, Pudukottai, Dindigul, Sivaganga, Theni, Virudhnagar, Thoothukudi, Tirunelveli and Kanniyakumari. The core nodes of development of Madurai-Thoothkudi Industrial Corridor will focus on four manufacturing and business investment regions, two manufacturing and business investments areas, one agriculture business investment region, two knowledge hubs and three special tourism investment zones.
THE NEW INDIAN EXPRESS