The Union Commerce Ministry has given in-principle approval for two more National Investment and Manufacturing Zones (NIMZs) in Karnataka.
In addition to the one already cleared for Tumkur, new NIMZs are proposed for Bidar and Gulbarga.
Addressing reporters after the Union commerce ministry-Karnataka government meet to review of pending projects, Union Commerce Minister Anand Sharma, said both the project consideration will be taken up and chief secretary will send a detail proposal to the centre.
“Tumkur NIMZ is standalone integrated township. For this project land will be state government’s share and Central government will fund it,” he added.
Information Technology Investment Region (ITIR) region which is coming up near Bangalore at Devanahalli is ready for roll-out. For this region to take up, incentives and facilities will be accorded on par with the NIMZ.
CII’s Partnership Summit will be held in Bangalore on January 27-29. The summit is being jointly hosted by Union ministry of commerce, CII and the state government.
“This year we are planning to invite Japanese prime minister. The summit will also be addressed by Prime Minister Manmohan Singh and Rahul Gandhi,” said Sharma.
Industrial corridors Two major corridors are being taken up on partnership mode in Karnataka. The Chennai-Bangalore corridor proposed by Japan and the Mumbai Bangalore Infrastructure Corridor (BMIC) project is proposed by United Kingdom (UK).
“Now after the review meet, it has been decided that the Chennai-Bangalore corridor will be extended up to Chitradurga. The master plan work is almost complete and feasibility for phase II will be taken up shortly,” Sharma said.
For the BMIC project, a feasibility study has been commissioned. This project will have innovative funding as planned by UK. “To take it forward, a joint steering committee will be set up after getting recommendation from both the state government. This committee will monitor the project,” said Sharma.
anil.u@thehindu.co.in