Part of: GS Prelims and GS -II – International relations and GS-III – Infrastructure
In news
The Asian Development Bank (ADB) and the Government of India signed a $484 million loan to improve transport connectivity and facilitate industrial development in the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu.
CKIC is part of India’s East Coast Economic Corridor (ECEC).
It stretches from West Bengal to Tamil Nadu
It connects India to the production networks of South, Southeast, and East Asia.
ADB is the lead partner of the Government of India in developing ECEC.
About the CKIC
The project shall provide:
seamless road connectivity across industrial clusters
transport gateways and consumption centers
help reduce logistics and production costs
Objective: To accelerate industrial transformation by providing essential transport, energy and urban infrastructure
It emphasises sustainability, climate change resilience, and road safety elements.
Features of the CKIC
Seven-year contracts for long-term maintenance of road projects.
Incorporating climate change adaptation measures in highway upgrades such as improved drainage, raised road embankments and resizing of bridges and culverts.
Strengthening road safety improvement programs through advanced technologies.