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SIDCO develops integrated seafood park at Tamil Nadu

Monday, 15 Jul 2019
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The Tamil Nadu Small Industries Development Corporation (SIDCO) has developed an integrated seafood park at Sakkarakottai in Tamil Nadu.

It is exclusively for allotment of developed plots to micro small and medium enterprises (MSME) for setting up seafood processing units and producing value added seafood.

SIDCO has set up the park over 50 acre of land parcel off East Coast Road and adjoining the Ramanathapuram-Thoothukudi National Highway. The project has been developed at a cost of Rs 22 crore under the Tamil Nadu Investment Promotion Programme-Phase II.

The project has received financial assistance from the Japan International Cooperative Agency (JICA) and the state government.

After developing the park with required infrastructure, it had invited applications from MSMEs in 2018. Two MSMEs had so far applied, including a Chennai-based firm for manufacturing boats. The park was also open for establishing fish nets knitting, boat manufacturing and  making allied products.

The park has roads, street lights, water supply system, drainage channels and storm water drain. The MSME which receives the allotment is required to complete the civil work and commence production within 24 months.

Another 50 acre of land parcel will be developed in Phase-II, once the allotment of developed plots on 50 acre is completed.

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