Keeping in view of the rapid industrial growth in the State, Kolkata-based real estate majors Sureka and Merlin Groups have planned to invest over Rs310 crore in the State.
Addressing a Press meet here on Friday, Sureka Group MD Pradeep Sureka spoke about the company’s initial investment plan for Kalinganagar in Jajpur district. He said that being an industrial hub, Kalinganagar attracts many people from both State and outside to the area. In view of this, a draft Comprehensive Development Plan (CDP) for the Kalinganagar Development Authority (KNDA) has projected an investment of Rs66,139 crore for developing the area into a modern industrial city.
Notably, the State Government has received applications from many steel producers for setting up of industrial units in Jajpur. It has already allocated an area ad-measuring 2,500 acres for the same. Besides, it has also identified 5,000 hectares to set up a National Investment and Manufacturing Zone at Kalinga Nagar Industrial complex in the district.
Among others, Surekha Group Director Prateek Sureka and Merlin Group MD Sushil Mohata spoke.