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AAI Plans to Invest Rs 20,000 crore in Next 5 years : G Chandramouli

( L – R): A Shankar, Chief Operating Officer-Strategic Consulting India & Sri Lanka, Jones Lang LaSalle; G Chandramouli, Airport Director, Chennai International Airport; M Ponnuswami, Chairman, CII Tamil Nadu State Council & Chairman and Managing Director, Pon Pure Chemical India; P Raveendran, Chairman-cum-Managing Director, Kamarajar Port Limited; Suresh Krishn, Chairman, Taskforce on Chennai Infrastructure, CII Chennai Zone & Managing Director, Isha Homes at Chennaiinfra 2018 organised by CII on 18 December 2018 in Chennai.

Chennai:

Port Wings News Network:

The Airports Authority of India is planning to invest Rs 20,000 crore in the next five years in areas of new infrastructure and connectivity in airports across India, Mr G Chandramouli, Airport Director, Chennai International Airport, has said.

G Chandramouli, Airport Director, Chennai International Airport addressing at Chennaiinfra 2018 organised by CII on 18 December 2018 in Chennai.

Speaking at the third edition of Chennai Infra-Transforming Chennai, The Smart Way-organised by the Confederation of Indian Industry (CII) here on 18 December 2018, Mr G Chandramouli said the aviation market had seen double digit growth in the last 50 months, all because of the increasing traffic in passenger and cargo movement as India would be poised to become the third largest market in the world both in terms of domestic and international aviation.

NEW INTEGRATED TERMINAL

Chandramouli also said that the new integrated terminal at the Chennai airport would have the state-of-the-art facility capable of handling of 30 million passengers. He dwelt at length on the expansion plans of Coimbatore, Trichy, Madurai and Thoothukudi airports.

RS 1800 CR FOR CAPACITY CREATION AT KAMARAJAR PORT

P Raveendran, Chairman-cum-Managing Director, Kamarajar Port Limited, said that a sum of Rs 1800 crore had been earmarked for capacity creation at Kamarajar Port and in the next five years, Rs 8100 crore investment would happen at the same port for creation of additional infrastructure like a 5 million tonne LNG terminal apart from making the road and rail connectivity and establishing jetty and dredging facilities.

He also said that the Kamarajar Port had identified 300 acres of land for the creation of a thematic industrial park that could generate jobs to the maximum and a coastal employment unit at the maritime industrial cluster at Mappedu in Sriperumbudur as part of the Sagarmala project. He further said that the port sector could handle more cargoes with the ease of congestion on roads, besides the establishment of proper infrastructure in and around the port zones.

A Shankar, Chief Operating Officer-Strategic Consulting India & Sri Lanka, Jones Lang LaSalle, who set the context for the meet, said that Chennai happened to be the second largest exporter of IT-related products and the ICT Policy 2018 had the potential to create proper social and physical infrastructure around IT firms dotted across OMR.

He also said that the TN Vision 2023 focused on the MSME sector and the support system to be created for start-up companies besides identifying the domain of infrastructure requirements in the form of large townships and affordable houses catering to the demands of the large section of population who would be actively involved in the socio-economic development of the state.

He noted that the deliberations at the conference would be made into a White Paper and presented to the government for necessary action.

Suresh Krishn, Chairman, Taskforce on Chennai Infrastructure, CII Chennai Zone & Managing Director, Isha Homes, said the city has to grow in a planned manner based on the industrial perspective and all the industrial clusters need to have the much needed social infrastructure at all levels.

He also wanted a proper feedback from all stakeholders so that their ideas could be collated and taken to the government for a meaningful understanding of the problems faced by the people across the spectrum in terms of various infrastructure developments.

M Ponnuswami, Chairman, CII Tamil Nadu State Council & Chairman and Managing Director, Pon Pure Chemical India, said that the MSMEs contributed to 40 per cent in terms of export and helped the economic growth of the country in so many ways, all because of the current synergy between the Government of India and the state governments.

He wanted a new township created between Red Hills and Gummidipoondi so that the areas around the region could see all types of development in the near future.

There were useful exchange of ideas between the speakers and participants during the sessions -Infrastructure requirements by large industries & port-based industrial clusters; Challenges faced by IT companies: Smart infrastructure for MSMEs and Large townships and social infrastructure requirements.

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