Three areas in the city’s suburbs may soon have a Japanese connection.

A team of officials from the Japan International Cooperation Agency (JICA), met with officials of the Chennai Metropolitan Development Authority on Thursday, and reviewed three infrastructure development projects in Madhavaram, Karunakaracheri and Manjambakkam.

The possibility of these projects, as well the localities they are in, attracting Japanese investment figured in the discussion.

The projects, including a truck terminal and a logistics park, have already been listed in the State’s investment promotion programme for the Chennai metropolitan area.

The logistics park is to be set up in 117.25 acres of land in Karunakaracheri and Annambedu. Land acquisition is expected to begin once State government sanction has been received.

A detailed project report will be finalised in June 2014. The project, which includes the setting up of a truck and bus terminus, will take at least two years after the project report is completed.

In Manjambakkam, a truck parking yard is to come up. Administrative sanction for this project was granted in 2011. Work is expected to be completed by 2014.

At present, trucks park haphazardly on the roadside, leading to several accidents. The yard is expected to reduce the number of such accidents. It will have an idle parking area, a weighbridge, service station, spare parts shops and restaurants.

In Madhavaram, where a truck terminal has been proposed, work is expected to begin in September. The preparation of a design and a detailed estimate is underway. The terminal is likely to become operational by October 2014.

JICA, which supports socioeconomic development in developing regions, provides bilateral aid through technical cooperation and loans.

source: http://www.TheHindu.com / Home> News> Cities> Chennai / by Staff Reporter / Chennai, February 08th, 2013