The Japan International Cooperation Agency (JICA) is
likely to fund several of the city’s projects, including three grade
separators.
The Chennai Metropolitan Development Authority (CMDA), the nodal agency, has sought government approval.
One
of the grade separators, which are to be constructed by the State
highways department, covers three junctions in south Chennai and was
announced in last year’s State budget. It will be built over the
junctions of Medavakkam-Sholinganallur Road, Medavakkam-Mambakkam Road
and Maraimalai Adigai Bridge-Irumbuliyur Road at Medavakkam.
The
alignment for this 1.5-km-long grade separator has been approved. It
would be a 4-lane facility and cost around Rs. 90 crore.
Sources
said, of the total land requirement for the project, 45 metre of land
had already been acquired in the 1970s under the Madras Metropolitan
Road Development Scheme.
However, encroachments would have to be removed to facilitate the construction of the four-lane facility.
“These
are three important junctions. Though the Medavakkam road is wide, rush
hour traffic is heavy. In the afternoon, a large number of vehicles use
the road. The facility would be of immense use to residents in
Perumbakkam, Pallikaranai and Medavakkam areas and those passing this
road to reach the IT Corridor,” said N. Suganthy, a resident of
Pallikaranai.
Another facility that will come up
over the junctions of Medavakkam Road and Pallavaram Thoraipakkam Road
near Keelkattalai at a cost of Rs. 60 crore will also receive JICA
funding. This facility will be a 600-metre-long structure and is
expected to spell relief for residents living in the vicinity of
Thoraipakkam Radial Road.
For residents of west
Chennai, a bridge across Cooum river between Mount Poonamallee Avadi
Road and Paruthipattu will be also constructed with JICA funds.
A
team of officials from JICA, had met with officials of the CMDA a few
months ago, and reviewed various infrastructure development projects on
the outskirts. A number of projects in Madhavaram, Karunakaracheri and
Manjambakkam figured in the discussions. The possibility of these
projects, as well the localities they are in, attracting Japanese
investment was discussed at the meeting.
The
projects, including a truck terminal and a logistics park, have already
been listed in the State’s investment promotion programme for the
Chennai metropolitan area.
The logistics park is to
come up on 117.25 acres of land in Karunakaracheri and Annambedu. In
Manjambakkam, a truck parking yard is to come up. Administrative
sanction for this project was granted in 2011. Work is expected to be
completed by 2014.
JICA, which supports
socioeconomic development in developing regions, provides bilateral aid
through technical cooperation and loans. The huge investment made by
Japanese investors in the State has been one of the factors contributing
to JICA funding. The projects funded by the agency are aimed at
establishing better connectivity with the city for Japanese industrial
units in the suburbs. The Japanese investors had raised the issue with
their government and senior officials from New Delhi have been
periodically visiting Chennai during the past few months to review
crucial infrastructure projects.
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