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(From Business Line)
Byline: N. Ramakrishnan
Chennai, Feb. 23 - WORK on improving the Information Technology Corridor - a 20-km stretch of the Old Mahabalipuram Road - is all set to begin. Facilitating this is what is being described as a path-breaking agreement called a Partnership and Development Agreement signed on Wednesday by the Tamil Nadu Government and IT Expressway Ltd, the company that will execute the work.
IT Expressway Ltd, a wholly-owned subsidiary of Tamil Nadu Road Development Company Ltd, that has been specially formed for this project will award the contract to improve the road within a fortnight, according to reliable sources. …