Prominence for Industrial Infrastructure
Mr. K.M. Mani

Mr. K.M. Mani, Finance Minister for Kerala allocated Rs.100 crore in 2012-13 Budget for the develop­ment of basic infrastructure and land acquisition for various projects that would come in through on making Emerging Kerala, a grand success.

Mr. Mani said in his Budget speech that Emerging Kerala meet would be related to establishing trade and com­mercial zones in the three cities of Thiruvananthapuram, Kochi, and Kozhikode. The steps to identify suitable land had already been taken and such plots would be notified as commercial zones under which all activities related to indus­try and commerce would be permitted. The Rs.100 crore al­located for this purpose would be made available to Kinfra over and above its customary Budget allocation. Commer­cial zones would also be set up at district headquarters and municipalities.

Rs.20 crore was allocated for establishing a special pur­pose vehicle that would set up industrial manufacturing zones under the national manufacturing policy. These zones would be concentrated on the Kochi-Coimbatore industrial corridor.

An electronics manufacturing hub would be set up at Ambanellore. He also allocated Rs.50 crore for setting up a petrochemical industrial zone that would promote large number of small-scale industries. The allocation had been made in the context of the mega plan of Bharat Petroleum Corporation Ltd’s to increase the produc­tion capacity of the Kochi Refineries and set up other petrochemical-related units in Kochi at a total cost of Rs.18,000 crore. The State government had already an­nounced tax sops for BPCL.

With a view to cash in on the natural gas distribution in cities Rs.12 crore allocated for the proposed supple­mentary gas infrastructure project under the auspices of Kerala GAIL Gas Ltd, a joint venture of the Gas Authority of India Ltd. and the Kerala State Industrial Development Corporation.

Rs.12 crore allocated for setting up a company to oper­ate seaplane services that have been proposed in the light of the traffic bottlenecks and for reducing travel time. The other proposals for the industrial sector are Industrial park in Brahmapuram on the land owned by the Kochi Corpora­tion; Edu-Health City on the 240 acres of land owned by In­kel in Malappuram, Botanical garden in Thonakcal for which the Kerala State Industrial Development Corporation has already acquired 36 acres; multi-storey industrial estates at Kochuveli, Manjeri and Kottaikkal for which the Finance Minister earmarked Rs.20 crore.

The setting up of a Seaport Airport Area Develop­ment Authority proposed to provide connectivity between seaports and airports. The Nedumbassery-Vallarpadom, Karipur-Beypore, Mattannur-Azheekal and Vizhinjam-Shanghumughom belt would come under the authority.

 
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