Economic corridor holds bright future for A.P. - The Hindu $(function() {$( ".accordion" ).accordion();});var _comscore = _comscore || [];_comscore.push({ c1: "2", c2: "11398210" });(function() {var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; s.async = true;s.src = (document.location.protocol == "https:" ? "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js";el.parentNode.insertBefore(s, el);})();(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,'script','//www.google-analytics.com/analytics.js','ga');ga('create', 'UA-10158580-1', 'auto');ga('send', 'pageview'); !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="https://platform.twitter.com/widgets.js";js.async = true;fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); 
JobsToday's PaperArchiveePaperIn-deptheBooksClassifiedsMobileAppsSocialSEARCHHomePressure mounts on Modi as protests in U.S. gain momentumModi to meet Netanyahu; marks shift in Indian policyJayalalithaa unseated at her peakAn association that cost Jayalalithaa dearBangalore |Chennai |Delhi |Hyderabad |Kochi |Kolkata |Mumbai |Thiruvananthapuram |Vijayawada NewsOpinionIn need of a new momentum Next week, Prime Minister Narendra Modi will be continuing his summit-level d... Limits of summit-style diplomacy The long road to justiceThe conviction of Tamil Nadu Chief Minister Jayalalithaa in the disproportio... Showcasing ‘Make in India’Prime Minister Narendra Modi could not have asked for a better boost to his... Blogs |Cartoon |Columns |Editorial |Interview |Lead |Letters |Comment |Open Page |Readers' Editor |Views Unlimited BusinessSamsung launches Galaxy AlphaWe see evidence of success in India: Jeff Bezos RBI unlikely to cut policy rateMahindra & Mahindra launches new ScorpioBudget |Industry |Economy |Markets |Stock Quotes SportYuki settles for bronze in Asiad tennisYogeshwar provides golden touch, India in top-10Federer’s photoshopped India tour a hit on TwitterCLT20: Chennai Super Kings singe Perth ScorchersCricket |Football |Hockey |Tennis |Races |Other Sports |Blog S & TMOM gets clicking before work Apple plays defence on iPhone 6 bending, software concernsNew snake discovered in OdishaNew York scientists come up with an ‘invisibility cloak’ Technology |Environment |Health |Science FeaturesWrite your blues awayMadras miscellany: The Father of Indian Botany George Clooney weds Amal Alamuddin in VeniceActor Vijay hits out at rumoursCinema Plus |Downtown |Education Plus |Friday Review |Property Plus |Metroplus |Sunday Magazine |Young World |Blog EntertainmentCollage of life on canvas Recreating the eternal romance The GNB-MLV bond Grey matters Art |Cinema |Dance |History & Culture |Music |Theatre BooksOnly a handful of spooksScary prospectsWrite Angle: A neglected nationalistThe lore of Thuggee and how the British ended its reignReviews |Authors |Columns |Literary Review |Know Your English |Children DataEducation VideosShopping$(document).ready(function(){$(".featureHover").mouseover(function(e){$(".featureAdvtImage").css({"display":"block"});$(".featureHover a").removeAttr('title');var positionAdvt = $(".featureHover a").offset();$(".featureHover").mousemove(function(e){//$(".featureAdvtImage").css({'left': (positionAdvt.left-(e.pageX-positionAdvt.left+250))+10});$(".featureAdvtImage").css({'left': $(".featureHover a").position().left + (e.pageX-positionAdvt.left), 'top': $(".featureHover a").position().top + (e.pageY-positionAdvt.top+22)});//console.log(e.pageX + ": " + positionAdvt.left + ":::" + e.clientX + " ::: " + $(".featureHover a").position().left);});}).mouseout(function(){$(".featureAdvtImage").css({"display":"none"});});;});CitiesBangaloreChennaiCoimbatoreDelhiHyderabadKochiKozhikodeKolkataMaduraiMangaloreVijayawadaMumbaiPuducherryThiruvananthapuramTiruchirapalliVisakhapatnam Cities» VijayawadaVIJAYAWADA, September 28, 2014 Updated: September 28, 2014 22:06 IST Economic corridor holds bright future for A.P.V. RaghavendraComment · print · T T TweetTOPICS economy, business and finance computing and information technology construction and property economy (general) manufacturing and engineering process industry economy, business and finance The prospect of industrial development in Andhra Pradesh appears to be bright owing to its location in the East Coast Economic Corridor (ECEC) for which Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA) have committed major investments.
The ECEC links Kolkata with Chennai and Tuticorin encompassing the Visakhapatnam-Chennai corridor which is on top of the agenda of both the Central and State governments. The ADB and JICA have evinced interest in infrastructure projects in AP, mainly on the string of seaports that dot the nearly 1,000 km-long coastline.
What is going to make things easier is the establishment of a Maritime Board, the modalities of which are being worked out by the State government. Industries Department Principal Secretary J.S.V. Prasad has stated in his address at a recent CII event that the government was keen on setting up a Maritime Board to facilitate development of ports and taking other industry-friendly measures like making the procedures for obtaining clearances simpler and giving incentives.
According to sources, the ADB has already given its ‘inception report’ on the ECEC to the Centre and the ‘conceptual development plan’ of Visakhapatnam-Chennai corridor is ready for submission early next month.
Confederation of Indian Industry (CII), AP, Chairman Suresh Chitturi told The Hindu that the government was keen on stimulating industrial development across the coast and asserted that Krishna-Godavari-Prakasam-Guntur (KGPG) area the potential of which was studied by the CII well before the process of bifurcation began was poised for rapid growth.
On its part, the CIIwas trying to garner investments into the State . Most of them were waiting for the new industrial policy to be announced with due focus on making the single window scheme an effective instrument in the larger framework.
Keywords: Economic corridor, Confederation of Indian Industry, Chairman Suresh Chitturi, Japan International Cooperation Agency (JICA)
Post Comment RELATED NEWS Vizag-Chennai industrial corridor to attract Rs.1 lakh crore investmentMarch 4, 2014 Vizag-Chennai Industrial Corridor plan raises expectationsJuly 9, 2014 Industrialisation to stoke urbanisation in A.P.July 14, 2014 More In: Vijayawada | Andhra Pradesh | National Tweet COMMENTSPlease Wait while comments are loading...
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