48434-002: Visakhapatnam–Chennai Industrial Corridor Development Program | Asian Development Bank

India: Visakhapatnam–Chennai Industrial Corridor Development Program

Sovereign (Public) Project | 48434-002 Status: Active

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.

Project Details

Project Officer
Matsunaga, Akira South Asia Department Request for information
Country
  • India
Modality
  • Grant
  • Loan
Sector
  • Industry and trade
 
Project Name Visakhapatnam–Chennai Industrial Corridor Development Program
Project Number 48434-002
Country India
Project Status Active
Project Type / Modality of Assistance Grant
Loan
Source of Funding / Amount
MFF Facility Concept: Visakhapatnam-Chennai Industrial Corridor Development Program
Urban Climate Change Resilience Trust Fund under the Urban Financing Partnership Facility US$ 5.00 million
MFF Facility Concept 0093-IND: Visakhapatnam-Chennai Industrial Corridor Development Program
Ordinary capital resources US$ 500.00 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Partnerships
Private sector development
Sector / Subsector

Energy / Electricity transmission and distribution

Industry and trade / Large and medium industries

Transport / Road transport (non-urban)

Water and other urban infrastructure and services / Urban water supply

Gender Equity and Mainstreaming Effective gender mainstreaming
Description 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.
Project Rationale and Linkage to Country/Regional Strategy

The Andhra Pradesh Industrial Development Policy (2015) aims to establish state-of-the art infrastructure, promote manufacturing, enhance inclusivity, foster innovation, and create employment opportunities across sectors. The GoAP has prepared a comprehensive industrial sector road map, strategic context, policy framework and investment plan to enhance industrial growth and create high-quality jobs. With support from ADB, the GoAP has also prepared a conceptual development plan and a regional perspective plan for the VCIC, which include an infrastructure strategy to drive economic growth and the identification of nodes for industrial development, high-potential industrial sectors, and a set of priority projects. The conceptual development plan indicates that the VCIC, with its long coastline and strategically located ports, provides multiple international gateways to connect India with vibrant global production networks and to facilitate regional integration. The regional perspective plan has identified the VCIC's high potential for generating additional employment and industrial output, which can be achieved from 2015 to 2045. ADB is continuing its support to the GoAP for policy reforms, improving ease of doing business, master planning of the identified industrial nodes, and adopting good practices for management of economic corridors. The VCICDP will build on the existing concentration of industries and increase the density and flow of economic activities along the VCIC in a business-induced scenario against a business-as-usual scenario.

The VCICDP is in line with ADB's country partnership strategy for India.

Impact Contribution of the manufacturing sector to the gross domestic product, trade and employment of GoAP increased
Project Outcome
Description of Outcome Growth and competitiveness of the VCIC enhanced.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Corridor management strengthened and ease of doing business improved

Visakhapatnam-Chennai Industrial Corridor infrastructure strengthened and more resilient

Institutional capacities, human resources, and program management strengthened

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Andhra Pradesh
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services The project management unit will recruit consultants in accordance with ADB's Guidelines on the Use of Consultants (2013, as amended from time to time). Consulting services include project management and supervision, road safety awareness, and resettlement monitoring.
Procurement Procurement of civil works and goods will be carried out in accordance with ADB''s Procurement Guidelines (2015, as amended from time to time).
Responsible ADB Officer Matsunaga, Akira
Responsible ADB Department South Asia Department
Responsible ADB Division Urban Development and Water Division, SARD
Executing Agencies
Department of Industries & Commerce, Government of Andhra Pradesh
North H Block, 3rd Floor, AP Secretariat
Hyderabad, 500022
Timetable
Concept Clearance 11 Jan 2016
Fact Finding 18 Nov 2015 to 26 Nov 2015
MRM 07 Apr 2016
Approval 20 Sep 2016
Last Review Mission -
Last PDS Update 09 Nov 2016

MFF Facility Concept 0093-IND

Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 715.00 Cumulative Contract Awards
ADB 500.00 - 0.00 0.00 %
Counterpart 215.00 Cumulative Disbursements
Cofinancing 0.00 - 0.00 0.00 %

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Title Document Type Document Date
Program Agreement for Loan 3424-IND: Visakhapatnam-Chennai Industrial Corridor Development Program Project/Program Agreements Feb 2017
Grant Agreement (Externally Financed) for Grant 0495-IND: Visakhapatnam-Chennai Industrial Corridor Development Program - Project 1 Grant Agreement Feb 2017
Project Agreement for Loan 3430 and Grant 0495-IND: Visakhapatnam-Chennai Industrial Corridor Development Program - Project 1 Project/Program Agreements Feb 2017
Loan Agreement (Ordinary Operations) for Loan 3430-IND: Visakhapatnam-Chennai Industrial Corridor Development Program - Project 1 Loan Agreement (Ordinary Resources) Feb 2017
Loan Agreement (Ordinary Operations) for Loan 3424-IND: Visakhapatnam-Chennai Industrial Corridor Development Program Loan Agreement (Ordinary Resources) Feb 2017
Visakhapatnam-Chennai Industrial Corridor Development Program: Report and Recommendation of the President Reports and Recommendations of the President Aug 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Facility Administration Manual Facility Administration Manual Aug 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Gender Equality and Social Inclusion Action Plan Gender Action Plans Aug 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Framework Financing Agreement Framework Financing Agreement Jul 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Procurement Plan Procurement Plans Mar 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Concept Paper Concept Papers Feb 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Feb 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Project Data Sheet (हिन्दी) Translated PDS Jan 2016

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

Title Document Type Document Date
Visakhapatnam-Chennai Industrial Corridor Development Program: Rajnagaram-Samarlakota Road Subproject Resettlement Plan Resettlement Plans Apr 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Indigenous Peoples Planning Framework Indigenous Peoples Planning Frameworks/Indigenous Peoples Development Frameworks Apr 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Resettlement Framework Resettlement Frameworks Apr 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Atchutapuram and Naidupeta Effluent Treatment Plants Land Acquisition and Resettlement Due Diligence Report Safeguards Due Diligence Reports Apr 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Visakhapatnam Energy Subproject (APTransco 01) Resettlement Plan Resettlement Plans Apr 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Naidupeta Internal Infrastructure and Facilities Land Acquisition and Resettlement Due Diligence Report Safeguards Due Diligence Reports Apr 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Yerpedu-Srikalahasti Energy Subproject (APTransco 03) Resettlement Plan Resettlement Plans Apr 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Visakhapatnam Water Supply Subproject Resettlement Plan Resettlement Plans Apr 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Environmental Assessment and Review Framework Environmental Assessment and Review Framework Mar 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Naidupeta Economic Zone Subproject Initial Environmental Examination Initial Environmental Examination Mar 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Visakhapatnam Energy Subproject Initial Environmental Examination Initial Environmental Examination Mar 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Rajnagaram-Samarlakota Road Subproject Initial Environmental Examination Initial Environmental Examination Mar 2016
Visakhapatnam-Chennai Industrial Corridor Development Program: Visakhapatnam Water Supply Subproject Initial Environmental Examination Initial Environmental Examination Mar 2016

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.

Tenders

Tender Title Type Status Posting Date Deadline
48434-IND: Visakhapatnam-Chennai Industrial Corridor Development Program (VCICDP) Advance Notice Archived 22 Dec 2015

Contracts Awarded

No contracts awarded for this project were found