Plan for India government to fund ADKIC project

India’s Inter Ministerial Group (IMG) has proposed that the country’s central government allocate more than €668 million (INR 56.1 billion) for the Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC). The 15-year funding would develop an Integrated Manufacturing Cluster in Uttar Pradesh, Punjab, Jharkhand, Haryana, West Bengal, Bihar and Uttarakhand where the 150km-200km corridor passes. The ADKIC’s 20-city spread will be aligned to the Eastern Development Freight Corridor (EDFC) and will use the Public P
September 19, 2013 Read time: 1 min
India’s Inter Ministerial Group (IMG) has proposed that the country’s central government allocate more than €668 million (INR 56.1 billion) for the Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC).

The 15-year funding would develop an Integrated Manufacturing Cluster in Uttar Pradesh, Punjab, Jharkhand, Haryana, West Bengal, Bihar and Uttarakhand where the 150km-200km corridor passes. The ADKIC’s 20-city spread will be aligned to the Eastern Development Freight Corridor (EDFC) and will use the Public Private Partnership (PPP) and non-PPP approach.

The Government’s proposed support will include share in equity, an initial project development grant to ADKIC Development Corporation, and subsidy and trunk infrastructure development. An Apex Monitoring Authority was proposed for the project.
Highway & Network Management Road Structures

Related Content

  • New Indian highway works in planning
    September 30, 2021
    New Indian highway works are in planning.
    Read More
  • Slovak government stands firm over R2 Expressway, including Soroska Tunnel
    August 11, 2017
    Jan Durisin, head of Slovakia’s motorway operator NDS, has said that the R2 expressway, will go ahead despite watchdog fears of poor value for money. Completion of the R2, that includes the Soroska Tunnel, remains 2024, he told Slovakian news agencies. NDS, he said, will start looking for a contractor to start work in 2018 on a stretch of the expressway near the town of Roznava. R2 is a 360km route that will run from Kosice in the east across the country to Trenčín, near the Czech border in the west. It wil
    Read More
  • India’s US$13 billion expressway project
    August 14, 2024
    India’s US$13 billion Delhi-Mumbai expressway project should be complete in 2025.
    Read More
  • ACE/AECOM report: private sector and user-pay for English roads
    May 14, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report, and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently published report: Funding Roads for the Future. The brief 25-page document by the London-based Association for Consultancy and Engineering, ACE**, sums up the state of England’s ro
    Read More

Highlighted Content