State plans Rs5K-crore investment in infra sector

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Chief Minister Naveen Patnaik on Saturday said the State Government has targeted to attract investment of Rs 5,000 crore in public infrastructure through Public Private Partnerships (PPP) mode during the 12th Five-Year Plan period.”We realise that infrastructure development alone would make our multi-faceted schemes and programmes in different socio-economic sectors sustainable, leading to greater growth multipliers,”

Patnaik said inaugurating a roundtable meet organised here.Patnaik this while speaking on “State’s Growth Path and Opportunities Ahead” at the round table.Patnaik said his Government is emphasizing on upgradation and improvement of infrastructure base and efficient delivery of public services.As Odisha is rich in natural resources it has enormous potential for growth besides abundance of minerals offers a huge potential for industrialisation through establishment of heavy industry and the consequent ancillary and downstream industries, the Chief Minister pointed out. In order to attract investment, Patnaik said, “We have framed much progressive legislation and setup a single window system for faster project learning. We have also undertaken a series of reform measures in industry, infrastructure, financial and social sectors in the last decade.”            

Daily Pioneer
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