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.