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Industrial corridor

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An industrial corridor is a package of infrastructure spending allocated to a specific geographical area, with the intent to stimulate industrial development.[1]

An industrial corridor aims to create an area with a cluster of manufacturing or another industry. Such corridors are often created in areas that have preexisting infrastructure, such as ports, highways and railroads.[1] These modalities are arranged such that an "arterial" modality, such as a highway or railroad, receives "feeder" roads or railways. Concerns when creating corridors include correctly assessing demand and viability, transport options for goods and workers, land values, and economic incentives for companies.[2]

See also

References

  1. ^ a b "Investment opportunities in Corridors, NIMZ and Clu ster under IIUS" (PDF). EMB India. Archived from the original (PDF) on 22 August 2016. Retrieved 17 October 2014.
  2. ^ Marrian, Brian. "TOWARDS A GENERAL THEORY OF CORRIDOR DEVELOPMENT IN SOUTH AFRICA" (PDF). Retrieved 17 October 2014.