The Chhattisgarh State Industrial Development Corporation (CSIDC) is envisaging development of the ‘Chhattisgarh Trade Centre’ on Public Private Partnership (PPP) mode in the new capital, officials informed.
The ‘Chhattisgarh Trade Centre’ will come up in an area of 100 acres in Naya Raipur.
The master plan of Chhattisgarh Trade Centre has already been finalised and it includes Convention Center, AC and Non AC exhibition pavilions, Cultural ground, Shilpgram, Amphitheatre, Cafeteria and Parking.
The CSIDC has already developed a major portion of the Trade Center and is envisaging development of remaining work and maintenance and operation of Chhattisgarh Trade Center by private partner.
It has already completed basic infrastructure work like internal roads, drainage, entrance plaza, cultural program ground and stage, boundary wall, warehouse, and parking space through its own resources.
The construction of convention center of a capacity 750 seats and shilpgram is under process and will be completed by CSIDC.
It is also is envisaging development of AC and Non AC pavilions, food court, warehouse, admin office, shopping complex and other remaining components through a private partner.
The Chhattisgarh Government had already been organising programs like Rajyostav, trade fairs, and other Government programs from the same premises.
The CSIDC intends to develop this facility one stop solution in State for MICE events, trade fairs, and Government programs. Trade center will also help State in boosting its exports.
With the objective of providing upgraded facilities to users, better management and promoting industries and in particular exports.
Chhattisgarh has been included among 12 States by the Central Government in February this year where investor summits would be held to showcase key sectoral strengths.
Notably, the 12 State Investor Summits would be held in Gujarat, Andhra Pradesh, Maharashtra, Odisha, Chhattisgarh, Haryana, Madhya Pradesh, Jharkhand, Punjab, Telangana, Karnataka and Tamilnadu to showcase key sectoral strengths with reference to investment opportunities, steps undertaken by the State Government to improve business environment, locational advantages, and industrial infrastructure availability.
Key opportunities in sectors like auto, defence and aerospace, food processing, chemicals and petrochemicals, electronics and information technology, pharmaceuticals, textiles, industrial equipment manufacturing, construction equipment, and infrastructure will be showcased through 21 seminars conceptualised and led by the key Union Ministries. They will be addressed by Union Ministers, Think Tanks, Industry leaders, Academic Institutions, and Industry Associations. Seminars will showcase investment opportunities in each sector, recent policy initiatives for attracting investments and ease of doing business.
Notably, the Global Investors’ Meet was held in Chhattisgarh for the first time in year 2012 to attract investors for non-core sector industries.
In this event, the State Government had released four major industrial policies for non-core sector that includes Agriculture and Food Processing Industrial Policy 2012, Automotive Industrial Policy 2012, Policy for Investment in Information Technology/IT based services 2012 and Solar Energy Policy 2012-2017.
A total of 449 industrialists and 149 representatives of companies had participated in the 2012 Global Investors Meet in which a total of 285 corporate houses from Chhattisgarh participated.
The State Government had signed 257 Memorandum of Understanding (MoU) in the Global Investors Meet.
Notably, the Chhattisgarh Government in 2014-15 had targetted 7.5 per cent annual rate of industrial growth during the 12th Five Year Plan period, officials stated.
The State produces nearly 15 million tonnes of steel, which is 30 per cent of
country’s total production capacity. Annual production of cement in Chhattisgarh has reached 18 million tonnes, which is 15 per cent of country’s total production capacity.
likewise, annual Aluminium production capacity of Chhattisgarh has also reached 3.50 lakh tonnes,which is 30 per cent of country’s total production capacity.