Supporting the Preparation of a Comprehensive Master Plan for the Chennai-Kanyakumari Industrial Cor (ADB-51323-001)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Chennai, Kanniyakumari
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 7, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Industry and Trade
  • Infrastructure
  • Technical Cooperation
  • Transport
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Fund
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 17, 2019

Disclosed by Bank Sep 5, 2018


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Project Description

According to the bank website, "the TA will support the preparation of a comprehensive master plan for two priority nodes of the Chennai Kanyakumari Industrial Corridor. The two nodes are Thoothukudi-Tirunelveli and Madurai-Virudhunagar-Dindigul-Theni. The master plan will provide a detailed recommendations for targeted industries and subindustries, development phasing and costing of infrastructure at the corridor and node levels, and an institutional framework for the management of the corridor. The master plan will also identify comprehensive market potential and critical gaps of industries and infrastructure in the region; analyze the financial and economic aspects of the CKIC; and identify a regulatory and implementation framework for an enabling environment that promotes local industries, creates world-class infrastructure, and attracts global investments."

 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Jeong, Hoe Yun
Responsible ADB Department South Asia Department
Responsible ADB Division Regional Cooperation and Operations Coordination Div, SARD
Executing Agencies Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main