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Home Economy

Airports and MRTs to lead DMICDC developments

Fiinews by Fiinews
March 22, 2016
in Economy, Investment, Projects, Technology
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Dohlera International airportDMICDC CEO A K Sharma

Design of Dohlera International Airport and DMICDC CEO & MD Alkesh K. Sharma

 

One of India’s largest industrial development is seeking multi-billion dollars in investment and technology-savvy partnerships for developing two airports, two mass rapid transits (MRTs) and a number of integrated townships.

The Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) has finalized a large number of projects, which will boom the construction sector across six states from Delhi to Mumbai.

The two airports and two fast trains are ready for partnerships and construction as part of the multi-billion dollar Phase I development of the DMICDC projects.

DMIDC will be appointing an agency later this year to seek partners for the Dohlera International Airport under the Public Private Partnership (PPP), chief executive and managing director Alkesh K. Sharma told fii-news.com.

Planning is underway for another airport at Bihwadi in Rajasthan.

Project details have been finalized for two MRTs or electronic rail projects which will have a travel speed of 200 km per hour.

The first 100-km MRT is from Ahmedabad to Dohlera, a new industrial city development spread over 920 sq km.

The second will be from Gurgaon to Bawal in Haryana.

Detailed project reports have been finalized and approved for the MRTs for which Japan International Cooperation Agency has committed US$4.5 billion.

Financing are also being sought from other funding agencies, including the Asian Development Bank, Japan Bank of International Cooperation and Germany’s KfW.

These four mega developments will lead the Phase I development of the corridor, creating a boom in the construction sector of north-west regions of the country.

“We have already identified 24 investment regions which will be set up along the corridor over a period of 30 years,” Sharma said.

Eight industrial cities have been planned in Phase I development. The largest is 920 sq km Dholera in Gujarat and the smallest is 84 sq km Shendra-Bidkin in Maharashtra.

DMIDC is also putting up two multi-modal logistics hubs. One is in at Dadri near Greater Noida in Uttar Pradesh, and the second in Haryana, close to Mahendragarh. Techno-feasibility studies have been done with development being planned under the PPP mode. These hubs will be offered from the fourth quarter of this year.

Work on the trunk infrastructure has already started in Dohlera and Shendra-Bidkin as part of a number of integrated townships. The others ready for initiating development are Vikram Udyogpuri in Madhya Pradesh and Greater Noida in Uttar Pradesh.

“We have completed master-planning of these nodes,” he said.

Detailed engineering had also been done for a number of related projects with land use plan finalized.

“We will be in a position to allot land parcels for putting up industries, residential and social infrastructure, such as schools and hospitals from September this year,” said Sharma.

Sharma stressed that all these developments will be information, technology and communication enabled with central command and control systems for monitoring utilities, traffic flows and citizen services.

All utilities will be underground. fii-news.com

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