The Narendra Modi government is kicking off its ambitious smart cities programme along the Delhi-Mumbai industrial corridor (DMIC) leg that is located in Gujarat.
The tendering process for the Dholera special investment region in Gujarat is to be launched shortly, inviting investments worth close to Rs 3,000 crore for building trunk infrastructure on the 22.5 square km.
The smart city close to Ahmedabad will cover a route length of 920 km on the corridor, of which 154 km will be developed in the first phase. It will be followed by three others by March. The 2,700-km DMIC was sanctioned in 2007.
Prime Minister Modi has announced 100 smart cities, some of these along industrial corridors, as it seeks to turn India into a global manufacturing hub as part of its Make in India initiative.
"We are set to roll out four smart industrial cities by March, inviting bids from all across the globe. We have held several meetings with various governments and investors from different countries in the past many months, including Germany, the UK, US, South Korea etc, said Talleen Kumar, CEO of DMIC Development Corporation.
The government has floated requests for qualification (RFQ) for the 'roads and utilities' project at Dholera on the outskirts of Ahmedabad. After this closes by mid-January, requests for proposal will be invited after approval by the DMIC Trust and the Cabinet Committee on Economic Affairs (CCEA). All investment proposals exceedingRs 1,200 crore require CCEA approval.
The other trunk infrastructure schemes for which bids will be sought include a drinking water supply system, and administrative centre along with water and sewage treatment plants.
Tendering is also being finalised for integrated industrial townships in Greater Noida in Uttar Pradesh and Vikram Udyogpuri in Madhya Pradesh apart from the Shendra-Bidkin Industrial Park in Maharashtra for a rollout in the next two months.
"In Greater Noida, 747 acres have already been transferred to the special purpose vehicle. For the 84 square km Shendra-Bidkin industrial park, we will begin with inviting bids for the Shendra region first," Kumar said.
Of the seven cities being developed in the first phase of the DMIC project, master planning for six is complete.
Japan has invested $4.5 billion in the first stage of DMIC through the Japan International Cooperation Agency (JICA) and the Japan Bank for International Cooperation (JBIC). They hold a joint 26% stake in the project. Japan is also working closely with the government for the development of other industrial corridors.
Source: The Economic Times
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14 June 2017