List of projects announced for Chennai in Tamilnadu budget 2019-20

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Accordingly Intelligent Transport System to be
implemented in Chennai at a cost of Rs 660 crore, where this project will
involve optimization and improvement in the city’s traffic, public bus
transportation and transport management systems. Meanwhile in an attempt to
address the city’s parking woes, a comprehensive parking management system will
be implemented at an outlay of Rs 2,000 crore. Furthermore this system will
include underground and multi-level parking facilities, smart lane parking
facilities and will be executed in a Public-Private partnership mode.

Reportedly in a boost to the food processing
industry, Deputy Chief Minister announced that a French company has signed a
Memorandum of Understanding (MoU) during the Global Investors Meet which was
held in January 2019 to invest Rs 2,000 crore for setting up a food processing
park near Chennai.

Moreover Chennai, along with Madurai and
Coimbatore, will receive 500 electric buses in the first phase of restructuring
program of the cities’ public transportation system. Further Chennai Metro
Rail expansion is all set cover a length of 172.91 kms including the extensions
which are to be commissioned. Rs 2,681 crore will fund CMRL through shares and
debt. Finally a state career guidance centre will also be established in
Chennai to train students for free, to participate in competitive exams in
pursuit of employment opportunities.



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