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Work on Dholera Special Investment Region to start within a year

Work on Dholera Special Investment Region (SIR) in Gujarat will start within a year, a senior official associated with the project said. The central government has approved Rs 3,000 crore to create basic infrastructure for giving a fillip to the project.

The greenfield SIR is coming up over 903 square kilometres, 90 km south of Ahmedabad within the Delhi Mumbai Industrial Corridor (DMIC) in Ahmedabad and Bhavnagar districts, near the Gulf of Cambay. It is planned on the lines of the Punggol city of Singapore and will be a self sustaining city comprising industrial parks, manufacturing areas, banking and financial institutions, townships, educational centres, entertainment zones, multi-modal transport and logistics hub. Planners expect that the proposed city will inhabit close to two million people by 2040 and employ 0.8 million. The entire project will see an investment of over Rs 1 lakh crore. The actual construction will take place over 540 square km. "Infrastructure facilities like drainage, road, sewage system, internal roads and flood management will be created initially to take care of the project.

We are very cautious of not having another real estate project. Planning for Punggol project took about 8-9 years. Here, we have crossed the concept stage and prepared the master plan as well as development plan," Amitabh Kant, CEO and MD of DMIC Development Corporation Limited (DMICDC) told media persons on the sidelines of a seminar 'Special Investment Regions, Industrial Parks and Logistics Park - Taking Industrial Infrastructure To The Next Level,' organised by the Confederation of Indian Industries and Gujarat Infrastructure Development Board (GIDB). The Dholera SIR is being developed by GIDB. DMICDC is a Special Purpose Vehicle (SPV) created to execute DMIC project. About 40% of DMIC passes through Gujarat. The comprehensive development plan for the SIR project was submitted by UK-based Halcrow Group in December 2010. The detailed development plan for the project has been recently approved by the government. It will soon be notified.

The digital plan is being prepared by Cisco Limited. Conceived as a transportation led sustainable city, it will have high speed connectivity. Commuters will be able to reach Dholera from Ahmedabad in about 30 minutes. The multi-modal transport system will have international air connectivity, regional goods corridor, public transport corridor, internal transport, Bus Rapid Transport (BRT), Mass Rapid Transport (MRT) and Light Rail Transit (LRT). Japanese companies are likely to invest in the SIR. "Gujarat is a good investment destination, with a business friendly attitude.

More Japanese companies will be coming to Gujarat. We are coming up with smart eco city project at Dahej and Sanand. Hitachi and Itochu have formed a consortium for world's largest desalination plant at Dahej," said Juntaro Shimizu, deputy director general of Japan External Trade Organisation ( JETRO).

Copyright 2008 I M/s. DholeraSIR Infra Development.