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Chennai–Kanyakumari Industrial Corridor (CKIC)

The Asian Development Bank (ADB) and the Centre have signed a $484 million loan to improve transport connectivity and facilitate industrial development in the Chennai–Kanyakumari Industrial Corridor (CKIC).
  • CKIC is part of India’s East Coast Economic Corridor (ECEC), which stretches from West Bengal to Tamil Nadu.
  • The project will upgrade about 590 km of state highways in the CKIC influence areas that cover 23 of the 32 districts between Chennai and Kanyakumari in Tamil Nadu.
  • It connects India to the production networks of South, Southeast, and East Asia.
  • ADB is the lead partner in developing ECEC
  • The project will also strengthen road safety improvement programs through advanced technologies for road monitoring and enforcement.
  • The project is part of the priority infrastructure projects identified for corridor development under the ADB-supported CKIC comprehensive development plan.
  • Enhanced connectivity of industrial hubs with hinterland and ports will particularly help increase the participation of Indian manufacturing in global production networks and global value chains.
  • In addition, the project will help improve the planning capacity of Tamil Nadu’s Highways and Minor Ports Department.
Tags: Current Affairs, Economics

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