Business Standard
Our Correspondent / Mangalore September 27, 2005

The Kanara Chamber of Commerce and Industry (KCCI) is in the process of forming
a special purpose vehicle (SPV) for the implementation of the Mangalore Special
Economic Zone and the State government has been approached for this purpose, A
Srinivas Rao, newly re-elected president of the KCCI told reporters here on
Saturday.
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Rao said that a proposal has been handed over to Konkan Railways to introduce
the skybus project in the district. The technical feasibility study of the
project is proposed to be mooted through Mangalore Urban Development Authority
(MUDA). A presentation on the project by Konkan Railways will be arranged by the
KCCI shortly, he said.
:
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He said the KCCI is willing to participate in tourism development projects as a
key promoter in the future. He wanted the government to take up tourism
development seriously.


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