Bhubaneswar: Odisha has cleared 5 investment proposals worth Rs. 922 crore on Friday.
The Odisha government’s State Level Single Window Clearance Authority (SLSWCA), which met here under the chairmanship of chief secretary Asit Tripathy today, cleared the investment proposals which promises to create jobs for 2650 persons.
The proposals are in tourism, food processing, IT and Electronics System Design and Manufacturing (ESDM) sectors. While a Odisha’s based ESDM entrepreneur is proposing to invest Rs 96.80 crore to set up a unit for production of printed circuit board(PCB) of capacity 1.44 lakh sq.mt at EMC Park in Bhubaneswar Infovalley.
A sea food exporters is proposing to ramp up capacity its unit located at Deras Sea Food Park in Khorda district by investing Rs 85.94 crore.
In the tourism sector, a leading amusement company of the country is planning to set up an amusement park in Khorda district with an investment of Rs 107.10 crore. Besides, an Odia entrepreneur is proposing to set up a 4-star hotel in the city with an investment of Rs 59.08 crore.
An existing sponge iron producer is proposing to expand the capacity of its unit’s capacity from 0.05 million tonnes per annum (mtpa) to 0.283 mtpa with an investment of Rs 573.41 crore.
Giving nod to the investment projects, chief secretary Tripathy directed concerned departments to provide proactive facilitation to the approved units for their early grounding. Further, he directed the departments of industries and water resources to make water allocation to industrial units more realistic and qualitative. The department was asked to withdraw the unused water already allotted to the industries and reallocate those as per the real requirement.
It was also decided in the meeting that IDCO would allot land for all industrial units approved by district level single window clearance authority of various districts. For the purpose, the general manager of respective DIC would work as the nodal point for Idco at district level. The managing director of Idco Sanjaya Singh present in the meeting said that Idco would provide necessary logistics and staff support to the DICs.
The fact about Odisha being considered as the most ‘attractive investment destination’ in the current FY as per reports of the Centre for Monitoring Indian Economy (CMIE), New Delhi, Odisha was discussed in the meeting. The report said that Odisha cornered around 18% of the total investment attracted at different Sates in Indian during 1st half ( April-September) of the current FY.
Industry principal secretary Hemant Sharma presented the project proposals before the SLSWCA today. The State development commissioner Suresh Chandra Mohapatra was present in the meeting.
