TSIIC – Medak National Investment and Manufacturing Zone – Telangana - Project Profile
"TSIIC – Medak National Investment and Manufacturing Zone – Telangana - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Telangana State Industrial Infrastructure Corporation (TSIIC) is planning to undertake the construction of a national investment and manufacturing zone (NIMZ) in Medak, Telangana, India.
The project involves the development of a NIMZ on 5003.9ha of land. It includes the construction of manufacturing plants, processing plants, administrative buildings, office space, industrial infrastructure facilities, access roads, sewer facilities, drainage system, warehouses and related infrastructure, and the installation of safety systems.
In December 2013, planning approval was received from the Ministry of Commerce and Industry for the development of the project.
On March 24, 2015, Government of Telangana sanctioned a loan of US$3 million towards land acquisition and its compensation.
On January 22, 2016, Government of Telangana granted final approvals.
In October 2016, the center approved master plans and designs submitted by the state government for the project.
On October 9, 2016, TSIIC acquired 2023.4ha of land for the project development.
TSIIC is in the process of seeking approvals from the Government of India as well as land acquisition activities are underway.
The project involves development of a national investment and manufacturing zone on 5003.9ha of land in Medak, Telangana, India.
The US$1,846 million project includes the following:
1. Construction of manufacturing plants
2. Construction of processing plants
3. Construction of administrative buildings
4. Construction of office space
5. Construction of access roads
6. Construction of sewer facilities
7. Construction of warehouses
8. Construction of distribution units
9. Construction related infrastructure
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