Source- This post on Andaman and Nicobar Islands Integrated Development Corporation (ANIIDCO) has been created based on the article “What do we know about ANIIDCO?” published in “The Hindu” on 5th September 2024.
Why in News?
The Andaman and Nicobar Islands Integrated Development Corporation (ANIIDCO) is leading a mega infrastructure project in Great Nicobar, promoted by NITI Aayog. This project includes a trans-shipment port, a greenfield airport, a tourism and township project, and a solar and gas-based power plant.
About Andaman and Nicobar Islands Integrated Development Corporation (ANIIDCO)
1. About: It is a quasi-government agency based in Port Blair. ANIIDCO was established on June 28, 1988, under the Companies Act 1956.
2. Objective: The key objective of the Corporation is holistic and sustainable development of the territory.
3. Activities: The activities include the trading of petroleum products, IMFL (Indian Made Foreign Liquor), and milk, along with the management of Megapode Resort, Dolphin Resort, and Hornbill Resort.
It also focuses on infrastructure development in the sectors of tourism and fisheries.
What is the Great Nicobar Island Development Project?
The project involves a comprehensive Rs 72,000-crore infrastructure upgrade on Great Nicobar Island. It is being implemented by the Andaman and Nicobar Islands Integrated Development Corporation (ANIIDCO).
The project covers 16,610 hectares and aims to leverage the island’s strategic location near the Malacca Strait. The Great Nicobar Island Development project includes developing an
1. An International Container Transshipment Terminal (ICTT)
2. A greenfield international airport
3. Two greenfield cities
4. A coastal mass rapid transport system
5. A free trade zone
Read more: The Great Nicobar Island Development Project
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