Tamil Nadu’s Infrastructure Development Board (TNIDB) is forging ahead with ambitious plans to attract Rs 7,035 crore in investments through public-private partnerships (PPP).

These funds are earmarked primarily for critical projects in highways and minor ports, representing a significant push towards bolstering the state’s infrastructure.

Key highlights of the investment plan include Rs 3,000 crore allocated for the development of a Greenfield port in Cuddalore.

Spanning over 1,000 acres of sea poramboke land, this project aims to enhance port capacity to 13 million tonnes per annum.

The port’s construction, under the design-build-finance-operate-transfer (DBFOT) model, is slated to commence within the next eight years following tender awarding.

The government has already infused Rs 159 crore for initial infrastructure development, including crucial expansions of breakwaters and dredging operations.

Another substantial endeavour is the Rs 1,800 crore monetisation initiative for the Outer Ring Road stretch spanning 60.5 km from Vandalur to Minjur.

Operating under the toll-operate-transfer (TOT) mode, this project seeks to improve connectivity and ease traffic congestion significantly.