Chennai-Bangalore Industrial Corridor to cost Rs. 12,000 crore.

The Chennai-Bangalore Industrial Corridor, envisaging upgrading infrastructure for industrial growth, will involve an investment of over Rs. 12,000 crore including land acquisition, according to the policy note on Highways and Minor Ports tabled in the Assembly on Wednesday.

The corridor development will involve improvement of three national highways NH 4, NH 7 and NH 46 with construction of roads to connect industrial hubs.

The proposed Chennai Peripheral Ring Road, a 136-km road linking Mahabalipuram, about 50 km south of Chennai, to Ennore Port, about 25 km to the north of the city, has been identified as a key project under the development.

The State Government has sanctioned Rs. 10 crore for the project that involves creation of over 60 km of new road. The ring road will link important industrial hubs such as Singaperumal Koil, Sriperumbudur, Thiruvallur, Thamaraipakkam, Periyapalayam and Kattupalli.

HBL