The Steel City is all set to get a new Software Technology Park at Balidih Industrial Area, which would be the fourth such technology park in Jharkhand.
The Jharkhand Industrial Area Development Authority (JIADA) transferred 1.45 acres of land to the Software Technology Parks of India (STPI); we hope the building construction work would start in the month of September this year, informed Manoj Jaiswal, Secretary JIADA Bokaro.
STPI has already transferred the fund for the construction work and on move to complete the tender process, said an official adding “this technology park is scheduled to be functional by 2020”.
This technology park is expected to accommodate more than 20 software companies as Bokaro is a potential market, steel, coal, cement, natural gas and power units are running in this region, sources said.
Notably, the Union Minister for Communication and Information Technology Ravi Shankar Prasad laid the foundation for STPI at Adityapur and Dhanbad on 18 June 2014 and a MoU was signed for setting up of software park in Bokaro and Deoghar.
The first STPI of Jharkhand is at Ranchi.
The upcoming STPI center would act as a resource center for IT and ITES exporting units by offering general infrastructural facilities like ready to use incubation facility, High-Speed Data Communication (HSDC) with uninterrupted data connectivity and other amenities required for export of software and services, said an official.
Bokaro is on move to emerging as an investment hub. With an investment of
Rs 70 crore, twenty-one new projects soon to be come-up at Balidih Industrial Area. JIADA approved the 21 new investment proposals to set up units here recently.
JIADA has approved 5.25-acre land to set up a Nursing Training Centre which would be come up with an investment of Rs 33 crore; 7.25 acre of land to KP Pipes Company to set up their industrial unit, informed a district administration official. “Besides these two 18 other small projects got approval and allotted lands,” he added.
In the month of March this year, JIADA approved the investment proposal to set up a mega food park at Chandankyari in Bokaro and approved land to set up the unit. Triveni Group a real estate company is on move to set up a mega food park; will investment of Rs 222 crore for the food park.
The park will have facilities for multi-chamber cold storage, dry warehouse, vegetable dehydration line, modern quality control and testing laboratory and other processing facilities for fruits and vegetables.
This project will create a modern infrastructure to minimise the post-harvest losses of the agricultural produce and will also give a strong boost to the growth of food processing sector in Jharkhand, said the official.