Infrastructure Development of Industrial Estates in Tripura

Industrial cluster development has the potential to promote manufacturing growth in Tripura. Accordingly, the Tripura Industrial Development Corporation Limited has planned development of 15 industrial estates with the objective of industrial promotion, entrepreneurship development, and overall employment generation. ADB's Northeast Economic Corridor (NEEC) study report also recommended interventions for improved industrial development in Tripura through integrated approach of planning and design, and identified needs for integration of industrial infrastructure development with logistic parks, transportation and trade facilitation at various locations in Tripura.

PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

17 May 2022

Loan

India

Trade Facilitation

Ongoing

$2.50 million

KEY OUTPUTS

Output 1: Preparation of sector strategy and investment plans.

Output 2: Completion of feasibility study, detailed engineering designs, and due diligence of priority subprojects.

Output 3: Strengthening of institutional capacity development.

FINANCING

$2 million (Asian Development Bank Ordinary Capital Resources)

$500,000 (Government of India)