Global Investors Meet (GIM) will convert Kochi into an
industrial hub, according to its promoters. Of the 74
projects to be presented at the GIM, more than 20 projects
are exclusively for the development of Kochi. Some other
developmental projects at the Kerala state-level will
also come up at Kochi.
for the Cochin Airport-Seaport Road will be presented
at the GIM. This is included in the roads and bridges
sector where projects worth Rs 7,770 crore will be showcased.
The project envisages development of a 30-kilometre road,
connecting the Cochin International Airport to the Seaport.
Work on the project will be completed in three phases.
The first phase
of the construction is undertaken by the Roads and Bridges
Development Corporation of Kerala. Private investment
is sought for the second and third phase of the project.
The proposed road
passes through Cochin Special Economic Zone, industrial
areas of Kalamassery connecting HMT, FACT, Kochi Refineries
and various oil terminals at Irumpanam. The estimated
cost of the project is Rs 200 crore.
The Rs 1,000-crore
Sky Bus Metro Project proposes to connect the industrial
hub of Kalamassery to downtown Ernakulam. The mass rapid
transport system is to make travel in the city much more
comfortable. The Sky Bus will ply through the citys
main junctions, carrying 15,000 persons per hour.
Aircraft Maintenance Centre at Cochin International Airport
proposes to cater to the needs of aircraft. It proposes
to deliver its services to neighbouring countries as well.
The centre is proposed to be located in Kochi, where three
major international air routes intersect.
Kochi is identified
for the maintenance centre after considering the good
road, rail and port connectivity. It is also pointed out
that around 27,617 aircraft fly through Kerala annually.
The project cost comes to around Rs 1,000 crore.
A fortnightly passenger
shipping service from Kochi to the Gulf connecting important
port cities will also come up for the consideration of
the GIM. This project is aimed at the 1.28 million Keralites
residing in Gulf countries. At present 64 per cent of
the total emigrants in Gulf has a monthly income lower
than Rs 21,000 and the service will be useful to them.
According to estimates,
80 per cent of the 1.4-million international passengers
who travel through the three airports in Kerala are from
the Gulf. The proposed investment for the project is Rs
The other projects
in the transportation sector include Truck Transport Nagar
at Kalamassery industrial belt offering various facilities
including truck parking, petrol pump, eating place, kiosks,
weigh bridge, storage facility, clearing and forwarding
agents, dormitory and other shops.
pedestrian subway-cum-shopping mall at North Railway Station
and Jose Junction, helicopter and air taxi services to
cater to the high-income tourists and commercial development
of Ernakulam KSRTC bus stand by efficiently utilising
the available space are also included as proposals.