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.

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?