The Odisha Industrial Development Corporation (Idco) would create land banks in the State for infrastructure development. It has already identified more than 2 lakh acres of compact patches of land suitable to industrial development in 10 districts.
This was revealed at a high-level meeting chaired by Chief Minister Naveen Patnaik at Secretariat on Friday.
The Idco has accorded priority to 10 districts like Jagatsinghpur (Paradip), Bhadrak (Dhamara), Cuttack, Khordha, Dhenkanal, Angul, Sundergarh (Rourkela), Jharsuguda, Jajpur (Kalinganagar) and Baleswar for creation of land banks. Patnaik directed the agency to split target dates for completion of sector-specific industrial parks into monitorable milestones.
He asked the Chief Secretary to review it every month and report to him. The CM also asked the Idco to take CSR activities more seriously and expedite projects like crafts museum, Mission Shakti building and Krishi Bhawan.
It was revealed in the meeting that Idco has created SPVs for various industrial parks such as Steel Downstream at Kalinga Nagar, Aluminium Park at Angul, Plastic Park and PCPIR at Paradip, Electronics Park and SEZ park in Bhubaneswar. It has also developed SPVs for a railway corridor and sports development. Deadlines has been set to complete several projects like Angul Aluminium Park and Bhubaneswar Seafood Park by December 2016, Paradip Plastic Park by July 2016, Bhubaneswar Seafood Park by December 2016 and Electronics Park by 2017.
The Idco has also taken two SEZs projects, Infocity and Infovalley in Bhubaneswar and four PPP projects, Bhubaneswar Biotech Park, Baleswar Plastic Cluster, Rayagada Food Park and Bhubaneswar IT parks.
The meeting was attended by Industries Minister Debi Prasad Mishra, Chief Secretary, Development Commissioner and other senior officers.