ADB to carry out feasibility study for East-Coast Economic Corridor

Corridor will connect Tuticorin in South to Kolkata in East via Chennai and Andhra Pradesh cities

The Centre will engage Asian Development Bank (ADB) to for a feasibility study and to prepare a conceptual development plan (CDP) for the East-Coast Economic Corridor (ECEC) to link Kolkata in the east to Tuticorin in the south through Chennai in a phased manner.

In the first phase, Visakhapatnam-Chennai Industrial Corridor (VCIC) segment of ECEC is being taken up. The Andhra Pradesh government is implementing the project. 

In September 2016, ADB approved $631 million (loans and grants) for VCIC. The Andhra government will provide counterpart funding of  $215 million. 

ECEC, which runs along the entire east coast from Kolkata to Kanyakumari, is a