19.6.08

The Delhi Mumbai Industrial Corridor Project

The Government has short-listed 16 consultants including 11 foreign firms for preparation of developmental plans of six investment nodes under the $90 bn Delhi Mumbai Industrial Corridor (DMIC). The short-listed foreign firms include four from Japan, three from UK, and one each from USA, France, Netherlands and Hong Kong, sources close to the development told SundayET. The short-listed firms include London-headquartered Buro Happold and Halcrow group and Japan-based Nippon KOEI and Pacific Consultants International. Knight Frank (India), KPMG Advisory Services and Ernst & Young also figure in the list of consortium partners which have signed up with lead firms. The selected firms or consortia will be assigned to prepare detailed perspective plans to make DMIC region a global manufacturing and trading hub. The issue was discussed at length during the second meeting of the board of directors of the newly-created DMIC Development Corporation on April 16, 2008. It was also decided that the selected consultants would prepare development plans for setting up investment regions within DMIC with world class infrastructure and enhanced connectivity. The government has decided to prepare plans initially for six investment nodes unlike 12 which were announced earlier. The Government has decided to concentrate on six investment nodes, one each in six DMIC states — Haryana, Rajasthan, Gujarat, Uttar Pradesh, Maharashtra and Madhya Pradesh. For Maneswar-Balwal node in Haryana and Khushkhera-Neemrana in Rajasthan, there would be one detailed project formulation as they were located in close proximity. The other four investment nodes, which the government has picked up now are Ahmedabad-Dholera region (Gujarat), Dadri-Noida-Ghaziabad (UP), Igatpuri-Nasik-Sinnar (Maharashtra) and Pitampura-Dhar-Mhow (Madhya Pradesh).
The government has proposed an investment of a whopping $90-100 billion on the Delhi-Mumbai industrial corridor ,the mother of all infrastructure projects .According to estimates, the amount will be spent in four years beginning 2008 for infrastructure development along the 1483-km-long dedicated freight corridor between the two primary cities of the country.300 km in width and approximately 1500 km in length,this project is being developed with support from the Government of Japan.The government had earlier announced that the funds would be spent in building or upgrading five to six airports, setting up of several logistics and agro-processing parks, creating a 4,000 mw of power generation facility as well as two greenfield ports in Gujarat and Maharashtra. The government's target is to complete the phase I along with the completion of the dedicated freight corridor by 2012. The newly set-up industries would then be able to use the freight corridor from day one. In fact, the government is drawing up a layout which will include more infrastructure projects along with the industrial corridor as compared to what was earlier planned for. According to the proposal, the work on industrial corridor will be in two phases — 2008-2012 and 2012-2016. The phase I will witness setting up of one investment region (IR) of about 200 sq km and one industrial area (IA) of smaller sizes in each of the five states — Uttar Pradesh, Haryana, Rajasthan, Gujarat and Maharashtra. Though the corridor will pass through six states including Delhi, the national capital will not be able to reap any benefit because of paucity of land for industries. In fact, potential users of the freight corridor may be involved in building infrastructure as well. As the government has indicated so far, most of the infrastructure work connected to the industrial corridor will be executed in public-private partnership (PPP) format.

2 comments:

Nidhi Jain said...

This is a great Blog....So many in India would not even know about all this...

Keep up the great work!

Rohit Dabrai said...

Nidhi,Thanks for your encouragement.Hopefully will keep going.