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Visakhapatnam-Raipur Expressway to enhance growth of AP, Odisha, and Chhattisgarh
Updated Date: 2/2/2022
Category: vizag news |
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The Union Minister of Road Transport and Highways, Nitin Gadkari,
participated as the Guest of Honour for the business conclave ‘Vriddhi’
organised by the Indian Institute of Management, Visakhapatnam ( IIM-V).
This is a two-day flagship annual conference which concluded on 30
January 2022. The Union Minister, through video conference, said that
the ministry has awarded work to the tune of Rs 15 lakh crore across
India. This includes Rs 2 lakh crore for Andhra Pradesh. The more
specific project is the Raipur-Visakhapatnam greenfield Expressway co
will enhance growth to the three States of Andhra Pradesh, Odisha, and
Chhattisgarh. The Visakhapatnam-Raipur Greenfield Expressway is a Hybrid Annuity
Mode (HAM) project with a total length of 464.662 km. The Union
Government has sanctioned this budget for supporting road infrastructure
and expansion of highways. The Raipur-Visakhapatnam Greenfield
Expressway starts from Abhanpur near Raipur (Chhattisgarh) and ends at
Sabbavaram near Vizag (Andhra Pradesh). The highway’s greenfield
alignment will pass through the states of Chhattisgarh (124.611 km),
Odisha (262.211 km), and Andhra Pradesh (99.629 km). This highway will
reduce the distance from Raipur to Vizag from 590 km to 464 km and the
travel time from 14 hours to 7 hours. Thirty-five Multi-Modal
Logistics Park (MMLPs) will be developed across the country. As part of
this initiative, one MMLP will be developed in Visakhapatnam. The MMLPs
are a key policy initiative by National Highways Logistics Management
Limited, which comes under the Ministry of Road Transport and Highways
(MORTH) and the National Highways Authority of India (NHAI). The Union
Minister said that the primary focus was on the development of road
infrastructure and allied highway initiatives like Multi-Modal Logistics
Parks (MMLPs) and other infrastructure development. This is for the
promotion of integrated infrastructure under PM Gati Shakti National
Plan. Mr Gadkari also emphasised the reduction of logistic costs
to below 10% from the existing 30% to 40% for making the retail market
more competitive and boosting economic growth. He advised students to
convert problems into opportunities with commercially viable solutions,
and the need for the application of knowledge and skillsets that MBA
graduates possess, in contributing to the planning, implementation and
management of infrastructure projects. |
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