A 78-km six-lane road from Vizhinjam to Navayikulam, along the eastern side of Thiruvananthapuram, with a massive network of knowledge hubs, industrial parks, amusement centers, and townships, in 10,000 acres of land on both sides of the road, is planned. The project is expected to attract investments worth Rs 25,000 crore.
Administrative Sanction (AS) is given for Rs.4,673 crore. Capital City Development Company, which will be the Special Purpose Vehicle (SPV) for the project, is proposed to be registered, and a seed fund of Rs 100 crores is earmarked in Budget 2021.
The State Government budget 2022 has earmarked Rs 1000 crore, through KIIFB for Land Acquisition.
The Ministry of Road Transport and Highways has given the approval to include the project under the Bharatmala Pariyojana
Complete Land acquisition by 2023
Tender and select agency by December 2023
Complete 50% works by 2026
Capital Region Development Project (CRDP-II)
Local Self Government Department (LSGD)
M V Govindan Master
I. B. Satheesh
Adv. Antony Raju