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Ground breaking ceremony for 15 industrial projects in Odisha likely in next 4 months

Thu, 11th May 2017 (Source:Financial Express)

Odisha Industries minister Niranjan Pujari today expressed optimism that ground breaking ceremony of 15 industrial projects will be held in next four months. “Review revealed that more than 15 industrial projects were expected to go for ground breaking ceremony in coming three to four months,” Pujari said after holding the second inter-ministerial committee meeting to review the progress of projects.

The meeting reviewed the progress of all the 124 investment intents received during the Investors’ Meet held at Mumbai, Bengaluru and Bhubaneswar last year. The state had received investment intent of Rs 3,64,864 crore during these meets.

Out of these 124 intent proposals, so far 62 project proposals have progressed. This is about 50 per cent of the intents received by the state. “This is one of the highest rates of conversion of intents into proposals amongst all states in the country,” chief secretary A P Padhi said. Out of 62 proposals, 49 have already been cleared by the State Level Single Window Clearance Authority in less than four month period.

Industries secretary Sanjeeb Chopra said the state received significant investment in sectors such as food processing, petro chemicals, chemicals and plastics, infrastructure & logistics, renewable energy, tourism and health care.

The Committee is focused on grounding and implementation of these projects in a time bound manner, Pujari said while highlighting the importance for setting up of world-class industrial infrastructure facilities for the investors in the state. He also called upon the department to ensure implementation of progressive reforms to make it further easy for businesses to set up and operate in the state.

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