The Tamil Nadu Government has asked the Asian Infrastructure Investment Bank to join hands with the state to promote a new Tamil Nadu Infrastructure Fund Management Company (TNIFMC).
The Tamil Nadu government's decision to construct bridges roads in Madurai and its suburbs will aid in preventing road mishaps and easing traffic jams. At a a three-day annual conference of collectors and police officers in Chennai last week the Chief Minister J Jayalalithaa announced this.
In Chennai, Rs 43 crore has been allotted by the Tamil Nadu government for widening a small stretch of Grand Southern Trunk Road in Irumbuliyur, Tambaram. Lot of mishaps have taken place on the stretch. A Government Order to this effect from the Highways and Minor Ports Department was passed earlier this month.
The Tamil Nadu government is likely to get Rs 8,583 crore for various road projects of 1,678 km of length. The road works are expected to commence from next year, Rajeev Ranjan, Principal Secretary, Highways and Minor Ports, said in Chennai on October 7.
The Tamil Nadu government has asked the National Highways Authority of India (NHAI) to hold the Rs 1,800 crore 19-km Chennai Port-Maduravoyal Elevated Express Corridor project as the NHAI has deviated from the approved alignment. The project is on hold since April 2012. Now, the port users say they will face huge hardships if Chennai Port-MaduraÂvoÂyal elevated corridor project is not implemented.
The Tamil Nadu government should take steps to remove obstacles in the completion of the stalled Chennai Port - Maduravoyal Elevated Expressway, DMK and PMK parties in the state have demanded. DMK said that it would hold a demonstration on August 17 to demand that obstacles in the completion of the Expressway be cleared and the government extend its full support to the project.
As the Tamil Nadu government targeting the southern parts of the state for industrial development, Thoothukudi on July 27 launched a two-day roadshow to woo investors in Chennai. Former president of The All India Chamber of Commerce and Industries T Vel Shankar said the idea was to make Thoothkudi the investment hub.
To construct phase-II of Chennai Outer Ring Road, from Nemilichery to Minjur, the Tamil Nadu government has recently given its nod to a consortium of Ashoka Buildcon and GVR Infra Projects. Work on phase-I of the ORR, from Vandalur to Nemilichery, is nearing completion. On completion, the 61.65-km-long road will form a semicircle around the city and help decongest ChennaiÂ’s roads. It will act as a major link and connect four national highways Â— NH 4, NH 5, NH 45 and NH 205.
Media reports say that Tamil Nadu government on July 2 sanctioned over Rs 250 crore for different road-related works in different districts of the state. About Rs 157.37 crore was allotted for repairing damaged roads to the coverage of 78.80 km in the Ariyalur and Perambalur districts which are spotted with limestone mines and cement factories.