AP moots setting up of Southern Industrial Corridor

Continuing its efforts The AP Govt has come up with a fresh proposal to initiate the process for setting up Southern Industrial Corridor.

Last Updated: Jun 06, 2010, 21:16 PM IST

Hyderabad: Continuing its efforts
vigorously to promote industrial development and leverage the
potential of human and natural resources in the state, the
State Government has come up with a fresh proposal to
initiate the process for setting up Southern Industrial
Corridor.

To be modelled on the lines of the Delhi-Mumbai
Industrial Development Corridor, the Southern corridor would
span from Bangalore to Chennai covering Andhra Pradesh. Andhra
Pradesh Chief Minister K Rosaiah said establishment of the
southern corridor will enable the state to utilise Krishna-
Godavari basin gas for the all round development of the State
besides promoting satellite townships, with all modern
facilities along the corridor.

In addition, the corridor would supplement the
activities of the ambitious Petrol, Chemical and Petrochemical
Investment Region (PCPIR) coming up between Kakinada and
Visakhapatnam. The number of ports which are already
operational along the region will help to boost exports from
the state, he added.

The Chief Minister shared these views with Major
Industries Minister Kanna Lakshminarayana and Chief Secretary
S V Prasad and other officials during a teleconference today.

He directed them to prepare a blueprint for the proposed
corridor so that the State could seek the Centre`s approval
and its assistance in promoting industrial development,
according to an official release.

PTI