IDCO has taken initiative to establish

11 New Industrial estates in the 10 Districts of Odisha

-Minister Industries, Sri Mishra

Bhubaneswar, 28th July, 2014

This year IDCO has taken initiative to establish 11 New Industrial
estates in the 10 Districts of Odisha. 383 acres in Angul, 1220 acres in
Balasore , 2948 acres in Cuttack, 232 acres in Jharsuguda, 354 acres in
Sambalpur, 1317 acres in Jagatsinghpur, 1153 acres in Khurda, 230 acres in
Sundargarh, 327 acres in Bhadrak, 142 acres in Dhenkanal and 240 acres in
Ganjam will be used for development of MSME and Ancillary Down Stream
Industries said Industries Minister, Sri Debi Prasad Mishra in the Assembly.
Minister Sri Mishra also said that, Sea Food Park at Deras to facilitate
development of the Sea Food Processing Industry in the State is being
developed with an investment of Rs. 116.43 crore over an area 100 acre.
This project is expected to complete this year. Aluminium Park to establish
downstream & ancillary units at Angul with an projected investment of
Rs.172.55 crore over an area 450 acre will be developed in joint venture
with NALCO. Plastic Polymer and Allied Cluster Park at Paradeep with an
projected investment of Rs.l06 crore over an area 120 acre will be
developed. A polypropylene complex with a proposed investment of
Rs.3150 crore will also be taken up under PCPIR by IOCl this year.
Electronics Manufacturing Cluster (EMC) Hardware Park, Bhubaneswar as
part of the IT investment region with an projected infrastructure investment
of Rs.209 crore over an area 215 acre is being developed.
Common Rail Corridor for Talcher and Ib Valley Coal bearing area
for evacuation of coal from the coal blocks located in Talcher and Ib Valley
Region of the State, IDCO is developing a common Rail Corridor Project.
For the Talcher Region, preparation of detail project report and financial
feasibility study are on final stage of completion. IDCO has formed the SPV
under the banner of Brahmani Railways Ltd. for the implementation of
common Rail Corridor Project for the Angul-Talcher Coal bearing Area.
Land Acquisition for the first phase of the project has been initiated. The
project cost of the first phase is Rs.5000 Crore. This corridor shall cater to
more than 10 trains per day. For the Ib Valley land bearing area, selection of
consultants is in process for preparation of DPR.

IDCO has developed Kalinganagar Industrial Complex on 13000

acres where in major steel companies have their units. Government of
Odisha is contemplating to develop this complex as National Investment
Manufacturing Zone under the National Manufacturing Policy of
Government of India. The major proposal at Kalinganagar NIMZ are Steel
& Aluminium Downstream Park, New Industrial Township, Central
Business District with office, Commercial and recreational activities,
Common Tool Rooms,Technical Training Institutions and Support internal
infrastructure.
Odisha Special Investment Region Act will be formulated by this
fiscal year. The draft bill has been prepared. Based on the development of
Dhamra port and upcoming LNG Terminal facility by IOCl at Dhamra,
Government is contemplating to develop a Special Investment Region
spread over 10000 acres of land. A special Act has also been prepared. The
SIR shall delineated zone for Industrial, social, logistics, residential etc. It
shall create opportunity for manufacturing industries in the Sector of
Downstream in Aluminium and Steel, Fertilizer and other Gas based
Industries and Wood based Industries etc.
World Trade Centre will be constructed by the side of Fortune Tower
at Chandrasekharpur, Bhubaneswar which will create a platform for
boosting and networking industries, trade, exports through 130 centres in
different countries. Convention-cum- Trade Zone at Janata Maidan,
Chandrasekharpur, Bhubaneswar with capacity of 4000 single Auditorium,
also smaller capacity Conference Halls of 1200 and .600 capacity. All: the
nearby big Hotels will be connected to Convention Centre through Sky
Walk.( Proposed investment approx RS.550 crores).This convention and
allied facilities will be first of kind in India and even better than Hyderabad
convention centre which is the benchmark today.
Construction of Commercial Complex at Paradeep and Kalinganagar
Ouburi consisting of Shopping Complex, Inox, Food Court and Office space
with investments of approx Rs.25 crores each. It is contemplated for
establishment for Multi storied Commercial Complex (24 storied iconic
building) on joint venture with Odisha Khadi & Village Industries Board
(OK & VIB) at Kharavelanagar, Bhubaneswar with and investment of
RS.170 crores in PPP mode.
Rabindra Kumar Nayak
Information Officer