Industrial corridor gets a leg-up

CHENNAI: The Madurai-Tuticorin Industrial Corridor is in the most advanced stage and the Tamil Nadu Infrastructure Investment Fund will be raising Rs 12,000 crore soon, said R S Krishnan, IAS, principal secretary, department of planning, development & special Initiatives, Government of Tamil Nadu.
Tamil Nadu will be achieving its Vision 2023 target of increasing investment in infrastructure as a percentage of GDP to 11.5% by 2023, he said.Of the 217 projects in the vision document, 90 have started and 18 are in the bidding stage, he added.
"We have a framework in place for project planning and development, and there will be a special thrust for speedy implementation of infrastructure projects," said Krishnan.