Multilateral lending agency World Bank expressed willingness to finance the preparation of preliminary master plans of Auraiya Investment Zone and Allahabad-Naini-Bara Investment Zone.
Recently, a team of officials from the World Bank met top officials of the UP government to plan the initiative.
It may be recalled that the Uttar Pradesh government agreed to become a stakeholder in the Amritsar-Delhi-Kolkata Industrial Corridor.
The proposed zones in Auraiya and Allahabad would facilitate the implementation of the dedicated freight corridor project.
The state government is in advance stage of notifying these two investment zones. He also said that apart from Allahabad and Auraiya, the government will also pitch in for preparing master plans for Kannauj, giving a fillip to the traditional perfume industry in the region.
World Bank has been conducting three studies on the project following a meeting of the central government's inter-ministerial group (IMG).
The first study on primary data collection from six states along the Eastern Dedicated Freight Corridor (EDFC) has been completed.
In July, the IIDC Alok Ranjan had made a detailed presentation on ADKIC to the group of ministers.