Info on Kochi-Palakkad Corridor

Q: Does anyone know more about the Kochi-Palakkad Corridor?

Smitha Ravi, Kochi

13th June 2014

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This infrastructure corridor is going to give a huge boost to Kerala's economy. The project will bring in thousands of jobs, and help in manufacturing growth. The Kochi-Palakkad National Investment and Manufacturing Zone will have the best commercial and industrial infrastructure. Paddy land in Ernakulam will be converted to build industries. The project will be a partnership of the central and state government and developers. The government plans to have different nodes, and each of these nodes will have an industrial township which will have industrial and housing facilities. The project will be in line with the central government's National Manufacturing Policy.

Sreekutty Nair, Kochi

15th June 2014

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This policy has incentives like long-term soft loans, simplified central regulations, and single window clearance. Some infrastructure facilities like power is already there in Kerala, thanks to the LNG Terminal in Kochi. But, other infrastructure necessities for such a huge project like road connectivity, water, sewage treatment, drainage, and rail connectivity must be added.

Vineet David, Kochi

15th June 2014

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The project will be situated on the NH-544 and will have various industries such as electronics, gems & jewellery, and petrochemicals & chemicals. The government want to turn the region into an industrial and manufacturing hub. The government already has around 1700 hectares of land, and are in the process of acquiring 3500 hectares of land. The government plans to have Special Economic Zones in 20 nodes in four districts

Amal Anthony, Kochi

13th June 2014

Comment

The Kochi-Palakkad Corridor which is called the Kochi-Palakkad National Investment and Manufacturing Zone (NIMZ) is an industrial corridor which will be set up by the government. The government plans to bring industrial development to districts such as Malappuram, Thrissur, Palakkad, and Ernakulam. It is estimated that the entire project will cost Rs. 53, 825 crores, and will be set in around 5,000 hectares.

Ganesh Nambiar, Kochi

13th June 2014

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