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Dholera leg of DMIC to be ready for anchor investors by Sept

Since full trunk infra can't be set up in one go, an area of 22.5 sq km has been identified as catalyst for further investments

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Dmic

BS Reporter  |  Ahmedabad 

DMIC (representational picture)
DMIC (representational picture)

The Dholera Special Investment Region (SIR) of the Delhi Mumbai Industrial Corridor (DMIC) is expected to be ready to allot land to anchor investors by September 2016, senior officials who reviewed progress on the project said.

A monthly meeting to assess the status of the various trunk infrastructure projects in the 22.5 sq km activation area in Dholera on Friday was chaired by Arvind Agarwal, ACS, IMD, government of Gujarat and chairman of the Dholera Industrial City Development Ltd (DICDL), a special purpose vehicle (SPV) created to build and operate the industrial zone.

Alkesh Kumar Sharma, chief executive officer and managing director of Development Corporation visited the project site on Friday and took stock of the ongoing construction.

"Dholera would be ready to allot land for anchor investors by September 2016.

The aim of the DMICDC was to ensure world-class construction to attract world-class investors and to create a world-class city," said Sharma.

The state government is working on a land allotment policy which is likely to be finalised soon.

"A land allotment policy for the Dholera is being finalized shortly," said Ajay Bhadoo, MD, DICDL, and CEO, Gujarat Infrastructure Development Board.

Bhadoo also assured the DMICDC of full state support in implementing the external connectivity projects for Dholera such as the Mass Rapid Transit System (MRTS) and the Ahmedabad-Dholera expressway project.

A regular monthly review meeting is being planned at the highest level to ensure that project issues are proactively addressed and the project completed ahead of schedule.

"Overall progress of the project is satisfactory and looking forward to quick implementation by the project teams," Agarwal said.

The DSIR is among the eight industrial regions planned in the first phase of the project.

The entire project covers an area of approximately 920 sq km and is a node strategically located near the industrial cities of Vadodara, Ahmedabad, Rajkot, Surat and Bhavnagar.

Since the entire trunk infrastructure cannot be implemented in one go, a phased approach has been adopted for the project and an Activation Area of 22.5 sq km has been identified which would act as catalyst for further investments and will provide a base for taking up development of the remaining area.

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First Published: Sat, May 14 2016. 16:16 IST
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