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The Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) plans to build an Intra-city rail network in the Dholera Special Investment Region in Gujarat.
The project is estimated to cost $500 million.
The Dholera region, spread over 900 square kilometres, is being developed as a new greenfield industrial hub in Gujarat. It is about 100 km south of Ahmedabad and a designated investment zone under the ambitious Delhi Mumbai Industrial corridor project.
DMICDC is the lead developer of Dholera. The Delhi Mumbai Industrial Corridor Development project is being partly funded by the Japanese Government.
A senior official of DMICDC told Business Line that since Dholera is being developed as a city of the future with an integrated infrastructure, this will help attract investments and enhance productivity. Therefore, the corporation is considering the setting up either a mono or Metro rail system for commuters to travel within the city.
The corporation will shortly appoint a consultant to study the technical and financial feasibility of the transport project.
The DMIDC has already acquired about 100 sq. km. of land under the first phase. Construction for the city will start by December. The land has been acquired using the pooling method, which ensures that the original owner gets back compensatory land close to the project site.
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