In a bid to diversify the Industry in Tamil Nadu which is concentrated
around capital Chennai, the state government has announced the implementation
of 655 kilometer long road Industrial corridor from Chennai to Kanyakumari
covering the entire length of the state in the state budget presented to the Assembly
on February eighth.
Announcing the setting up the industrial corridor in the budget
proposals, State Finance Minister Paneerselvam said the Corridor will be
constructed at a cost of Rs 6500 crores. The Manila based Asian Development
Bank has offered a grant of five hundred million US dollars for the project.
The proposed Corridor will strengthen fifteen major highways and cover
23 districts en route. The highway between Chennai and Kanyakumari has four
lanes at present laid during UPA I regime. Another road industrial corridor is
being constructed by Tuticorin Port and Madurai a distance of 150 kilometers.
The state government has also announced another major road development
scheme to upgrade the rural network connecting villages with educational,
health Centers with Taluk headquarters. The single lane roads will be upgraded into
High ways in the next fiscal at a cost of Rs 1100 Crores. About eight thousand
kilometers of rural roads are expected to be taken up under this expansion