The Visakhapatnam-Chennai Industrial Corridor Development Program (VCICDP) will complement the ongoing efforts of the Government of Andhra Pradesh (GoAP) to enhance industrial growth and create high quality jobs. The VCICDP comprises a multitranche financing facility (MFF), a grant, and a policy-based loan (PBL). The MFF and the grant will support priority infrastructure investments in the Visakhapatnam- Chennai Industrial Corridor (VCIC), and the PBL will support policy reforms and institutional development in the state.
This document dated September 2016 is provided for the ADB project 48434-003 in India.