+
ADB partners with West Bengal govt to study on economic corridors
ECONOMY & POLICY

ADB partners with West Bengal govt to study on economic corridors

The Asian Development Bank (ADB) has partnered with the West Bengal government to conduct a comprehensive study aimed at developing economic corridors in the state, according to an official announcement. The ADB has expressed its eagerness to provide technical expertise and funding support for these projects.

As per the statement released by the government, the study aims to strategically plan economic growth in key areas such as Andal-Panagarh, Kharagapur-Goaltore-Salboni, and pivotal centres like Siliguri, Dankuni, and Kalyani. This planning will involve the integration of urban development, industrial expansion, logistics optimisation, skill development, and social sector initiatives.

The ADB, renowned for its involvement in significant projects such as the East Coast Economic Corridor and the Bangladesh Corridor study, has actively participated in this endeavour. A stakeholder consultation meeting was conducted during the day, chaired by Chief Secretary HK Dwivedi, involving key industries associated with the Industrial and Economic Corridor Project. Representatives from ADB, Deloitte, FICCI, and various businesses operating within the identified corridors attended the meeting.

Recently, Chief Minister Mamata Banerjee unveiled the Industrial and Economic Corridor Policy, announcing the government's plans to enhance and establish three corridors?Dankuni-Kalyani, Tajpur-Raghunathpur, and Dankuni-Jhargram?in southern West Bengal, as well as another corridor spanning from Panagarh to Cooch Behar, covering the northern districts.

"The Asian Development Bank (ADB) has collaborated with the Government of West Bengal for the study and development of the state's economic corridors," the official statement affirmed. Industry and logistics sector representatives have expressed their support for the government's initiatives and have provided valuable suggestions to enhance economic and industrial corridors.

The development of these corridors will be facilitated through a land availability portal and is anticipated to create significant employment opportunities throughout West Bengal, the statement further added. These corridors are poised to attract substantial investments and generate employment in diverse sectors, including manufacturing, logistics, and tourism, according to an official source.

The Asian Development Bank (ADB) has partnered with the West Bengal government to conduct a comprehensive study aimed at developing economic corridors in the state, according to an official announcement. The ADB has expressed its eagerness to provide technical expertise and funding support for these projects. As per the statement released by the government, the study aims to strategically plan economic growth in key areas such as Andal-Panagarh, Kharagapur-Goaltore-Salboni, and pivotal centres like Siliguri, Dankuni, and Kalyani. This planning will involve the integration of urban development, industrial expansion, logistics optimisation, skill development, and social sector initiatives. The ADB, renowned for its involvement in significant projects such as the East Coast Economic Corridor and the Bangladesh Corridor study, has actively participated in this endeavour. A stakeholder consultation meeting was conducted during the day, chaired by Chief Secretary HK Dwivedi, involving key industries associated with the Industrial and Economic Corridor Project. Representatives from ADB, Deloitte, FICCI, and various businesses operating within the identified corridors attended the meeting. Recently, Chief Minister Mamata Banerjee unveiled the Industrial and Economic Corridor Policy, announcing the government's plans to enhance and establish three corridors?Dankuni-Kalyani, Tajpur-Raghunathpur, and Dankuni-Jhargram?in southern West Bengal, as well as another corridor spanning from Panagarh to Cooch Behar, covering the northern districts. The Asian Development Bank (ADB) has collaborated with the Government of West Bengal for the study and development of the state's economic corridors, the official statement affirmed. Industry and logistics sector representatives have expressed their support for the government's initiatives and have provided valuable suggestions to enhance economic and industrial corridors. The development of these corridors will be facilitated through a land availability portal and is anticipated to create significant employment opportunities throughout West Bengal, the statement further added. These corridors are poised to attract substantial investments and generate employment in diverse sectors, including manufacturing, logistics, and tourism, according to an official source.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code