A total of Rs.7,678 crore will be spent under the ambitious Mega City Development Mission for improving infrastructure in the expanded Chennai Corporation over the next five years.
The Corporation council on Wednesday passed a resolution accepting the detailed project report submitted by the civic body to the Tamil Nadu Urban Infrastructure Financial Services Limited (TNUIFSL) for the mission. The report has been sent to the State government for administrative sanction.
The State government had earlier announced the mega city development mission to meet the needs of the Chennai Metropolitan Area, which is expected to have a population of more than 10 million in the next 10 years.
Chennai Corporation proposes to undertake improvement of basic amenities, particularly in areas that have been merged with it recently, at a cost of Rs. 219.88 crore. This would comprise improvement of solid waste management at a cost of Rs.80.46 crore, roads at Rs.89.42 crore, street lights at Rs.50 crore. Besides, traffic police improvement measures worth Rs.78.10 crore would be taken up, taking the total spending under the mission this fiscal to Rs. 297.98 crore.
The focus would be on upgrading arterial roads in the city with an estimate of Rs.5,555.25 crore over the next five years.
Thirty arterial roads that would connect important parts of the expanded city would be improved this year. Stormwater drains, buildings, bridges and parks would also be developed under the project.
