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Infrastructure Development of Industrial Estates in Tripura

Sector: Mass Transit • Location: India

Source: Asian Development Bank (ADB)

Project
Closed

Tripura's vision is that manufacturing sector employment will be increased from 1.79% (Census of India, 2011) to 4.5% in 2030. The state has established rubber, food and bamboo parks to support existing and potential investors. It is felt that industrial cluster development has the potential to promote manufacturing growth and accordingly, Tripura Industrial Development Corporation Limited (TIDCL)

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The project “Infrastructure Development of Industrial Estates in Tripura” is an infrastructure initiative in the Mass Transit sector, located in India. Taiyo aggregates data on it from Asian Development Bank (ADB).

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Closed

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Description

Description

Tripura's vision is that manufacturing sector employment will be increased from 1.79% (Census of India, 2011) to 4.5% in 2030. The state has established rubber, food and bamboo parks to support existing and potential investors. It is felt that industrial cluster development has the potential to promote manufacturing growth and accordingly, Tripura Industrial Development Corporation Limited (TIDCL) 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.The Government of Tripura (GOT), through its Department of Industries & Commerce (DoI&C) as the nodal agency, has applied for financial assistance through the Department of Economic Affairs, Ministry of Finance, Government of India under the project readiness financing (PRF) facility from the Asian Development Bank (ADB) in the form of a 'loan for improving readiness of Infrastructure Development in Industrial Estates in Tripura.The PRF will ensure high readiness of the ensuing program/ project by delivering the following outputs, through mobilization of consulting services under the supervision of and coordination with the GOT, DoI&C, TIDCL, and ADB.Output 1: Sector strategy and investment plans prepared. Output 1 will help (i) strengthen the industrial planning/ preparing industrial strategy and promotion requirements; (ii) prepare investment plans and action plans; and (iii) prioritize key subproject and infrastructure components.Output 2: Feasibility study, detailed engineering designs, and due diligence of priority subprojects completed. Output 2 will focus on (i) feasibility studies and preparation of detailed engineering designs; (ii) social and environmental due diligence; (iii) economic and financial analyses; gender equality and social inclusion; (iv) climate and disaster resilience; and (v) procurement risk/ capacity assessment, strategic procurement planning, contract modalities, procurement plan, contract management plan(s); bid documents, tendering and bid processing.Output 3: Institutional capacity development strengthened. This will include capacity building of DoI&C and TIDCL on financial, technical, safeguards, gender equality and social inclusion (GESI), procurement aspects, supporting in sector analysis, and developing the institutional strengthening and capacity development component. It will (i) review institutional capacities and current operation and maintenance practices; (ii) outline reform actions and scope to arrive at industrial development planning and processing framework/ mechanism under the ensuing loan, (iii) outline scope of institutional strengthening component of the ensuing project for sustainability of assets; and (iv) support planning, design, implementation, and management of PRF outputs, and ensuing project.

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High

Data quality score

100%

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