Chief Minister Yogi Adityanath will preside over Rail Investors’ Summit in Lucknow on Tuesday.
The summit is a follow-up of the announcement for setting up a rail ancillary park in Uttar Pradesh.
The announcement was made by Railway Minister Piyush Goyal during the UP Investors’ Summit held in Lucknow in February this year.
Chief Secretary Anup Chandra Pandey said here on Monday that the rail park was being developed on 254 acre land in Fatehpur district.
“The rail park will augment production capacity of existing Modern Coach Factory at Rae Bareli. The rail park will be developed by ABA Infratech Pvt. Ltd., Lucknow,” he said.
The rail park will have basic amenities including levelled land surrounded by boundary wall, wide roads with high mast street light, power supply, roads for light and heavy vehicles with roadside greenery, sewage treatment plant (STP) connected with well organised drainage system and overhead water tanks, CCTV, intercom, control room and guard room, health and community centre, land for police and fire stations as well.
An estimated Rs 2,500 crore investment is expected for this project and it is expected to generate about 20,000 jobs.
More than 150 companies like Hindustan Fibre Glass, Jindal group, Apex Auto, Pennar Industries, Murugappa Group, Asiatic Composite, Omax Auto, Chennai Radha Engineers, Indira Industries, Alpha Nippon Innovative, Rail Tech, Duratuff Glass, Fibre Plastichem, DTL ancillaries, Monnet group etc., have evinced interest in making investment in the project.