Punjab allots land to companies

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To give a fresh impetus to bring investment to Punjab, the State Government on Wednesday allotted land to various companies in the field of industries, health, and IT sector with Rs1272 crore investment proposals.

Besides, it was unanimously proposed to request Post-Graduate Institute of Medical Education and Research (PGIMER) to set up a satellite hospital in Medicity, for which a formal request will be sent by the State Government to PGI Director and the Union Ministry of Health.

It has been envisioned that against an investment of approximately Rs500 crores by the Centre for the PGI facility, 10 acres land could be offered at concessional or even zero cost by the State Government.Three committees, headed by Chief Secretary Sarvesh Kaushal for Medicity, Punjab Small Industries and Export Corporation (PSIEC) and Department of Housing, allotted 35 acres of land to Rs250 crores Kansai Nerolac Paint limited for setting up paints unit.

Besides, 30 acres of land worth Rs100 crores was allotted to Indian Oil Corporation for lPG Bottling Plant at Industrial Complex Goindwal Sahib.

The Committee also recommended land allotment to 14 leading hospitals or medical institutions and IT companies. The estimated investment to be made by these companies in creation of health infrastructure and also setting up software development centers is Rs1272 crores, said the state Principal Secretary, Housing and Urban Development, Viswajit Khanna.

He said that the Punjab Government has a very transparent policy for allotment of plots for hospitals, multi-speciality hospitals, medical research institutes and for IT Companies.“Punjab Government has decided to establish a hub for medical facilities in Medicity in which 104.21 acres of land has been kept for multi-speciality hospitals and medical research institutes,” said Khanna.

The land allotment of 28.10 acre was also recommended for Indo UK Healthcare Private limited which is a joint venture of Kings College Hospital to set up 500 bed hospital with investment of more than 1,000 crores on completion of its pending documentation.

Proposal of City Clinic Private limited to allot one acre of plot to set up 100 bed hospital with investment of Rs64 crore was also recommended to be taken up further with the competent authority.Chief Secretary took detailed status of projects of previously approved proposals of Tata Memorial Hospital, M/s Grewal Eye Hospital, Max Healthcare, Chaitanya Hospital and other medical institutions.

He instructed the concerned officials to have fortnightly meetings with concerned companies to ensure that projects implementation is taken up within timelines.To increase investment in the State in IT sector, plots allotment to 12 IT companies were also recommended for setting up state of the art software development center which will create employment for hundreds of graduates of the State.

The anticipated investment of these companies in setting up Software Development centers is Rs220 crore. IT companies to which plots have been recommended include M/s Edifecs Technologies, Iyogi Technical Services Private limited, M/s Alfa Technology Inc, M/s Nvish solutions Private limited, One Business Consulting Group Private limited.Chief Secretary assured to all the companies that the necessary clearances to set up their units shall be given within stipulated timelines.

Daily Pioneer
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