Financial Daily from THE HINDU group of publications
Monday, Sep 26, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Industry & Economy - Infrastructure


Kanara chamber pitches for better infrastructure

Our Bureau

Mangalore , Sept. 25

THE Kanara Chamber of Commerce and Industry (KCCI) has called for expediting infrastructure-related work in Dakshina Kannada.

The chamber said that the district would witness huge growth as public sectors undertakings and private companies are planning huge investments in the proposed special economic zone (SEZ) and various other developmental projects. Mr A. Srinivasa Rao, KCCI President, who presented the chamber's plans for 2005-06 at a press conference here on Saturday, said that the need of the hour is to form a special purpose vehicle (SPV) to develop the Mangalore SEZ. "We have approached the Government of Karnataka for setting up a public limited company to take care of the issues connected with the establishment of a multi-product SEZ, and also the appointment of a nodal officer for the project," he said, adding that the New Mangalore Port Trust (NMPT) would be part of the SPV.

Since the second runway at the airport is likely to be operational by March 2006, the KCCI will try to ensure that international operations, especially to West Asian countries, begin from Mangalore airport. "We are approaching some of the airlines for operating from Mangalore," he said.

The chamber is also pursuing the completion of the Mangalore-Hassan railway gauge conversion. Mr Rao hoped that the passenger train service between Mangalore and Bangalore would begin in January.

Seeking the formation of a separate Mangalore Railway Division under the South Western Railway Zone, he said the Mangalore railway station is the highest revenue-generating station under the Phalghat division of Southern Railways.

The chamber will submit a proposal to the Government, calling for the conversion of Mangalore-Mani-Mysore and Mangalore-Hassan-Bangalore routes into six-lane national highways.

Mr Rao added that KCCI has forwarded a proposal to the Konkan Railways for the introduction of a sky-bus service in Dakshina Kannada district. The Mangalore Urban Development Authority has been asked to come out with a technical feasibility study on the project.

The cruise traffic should be increased at the New Mangalore Port by providing better infrastructure. He urged the port to construct an additional berth to meet the needs of exporters from the Dakshina Kannada district. Mr Rao announced that the KCCI-Exim facilitation centre for export promotion would be inaugurated in November.

Stating that tourism has not been developed to the expected level in Karnataka, he said that KCCI would request the Government to provide a tourism circuit status to Dakshina Kannada district. This will enable tourists to visit various areas in the district.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Tata Safari Dicor

Stories in this Section
Rain belt shifting from northwest


Tiruchi windmill units on expansion spree
D1 Oils' Chennai refinery to go on stream next year
Fuelling demand, foretelling ecological disaster
Sethusamudram won't affect ecology, says DCI chief
Why agro-trade is the key to agriculture
Session with US Counsel at Kerala Chambers
EU body to create alumni of project partners
A public health challenge ahead
Wockhardt Hospital's healthy heart week in Hyderabad
Centre plans to popularise illness assistance fund
Kanara chamber pitches for better infrastructure
ONGC inks pact with NLC for underground coal gasification
BPCL in talks with NCDEX for futures trading in furnace oil
Diesel cost at highs
`SMEs must upgrade tech to become Defence suppliers'
`Use AIR as vehicle in educating people'
MBD group plans foray into realty
`East must take advantage of natural resources'
It's destination China for Indian raw materials
Insurance staff to join stir against privatisation
World Bank's pat for AP women SHGs
`Villagers must be involved in planning development'
Agenda for the week
Policy proposes tax breaks for renting out new properties
Insurers see `life' beyond Fringe Benefit Tax


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line