Odisha clears investment proposals worth Rs.922 cr 

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Bhubaneswar: The Odisha government on Friday cleared five investment proposals of worth Rs.922 crore in sectors like Steel, tourism, food processing and IT & ESDM. These projects will create employment opportunities for 2650 persons.

  The proposals were approved at the State Level Single Window Clearance Authority (SLSWCA) meeting held under the Chairmanship of Chief Secretary Asit Tripathy in the Lokseva Bhawan. It was decided in the meeting that IDCO would allot land for all industrial units approved by district level single window clearance authority of various districts.
In the ESDM (Information and Technology & Electronics System Design and Manufacturing) sector, the committee approved the proposal of a Odisha based ESDM company for setting up a manufacturing unit for production of Printed Circuit Boards (PCBs) of capacity 1,44,000 sq mtr at EMC park (Info Valley) in Khordha district with a total investment of Rs. 96.80 crore providing employment to about 425 people.
In the Food Processing sector, the proposal of a State based leading exporter of Sea food products for enhancement of its unit capacity located at Deras Sea Food Park, Khordha with additional investment of Rs.85.94 cr and employment potential for 580 people, was approved in the meeting.
In the Tourism sector, the proposal a national level leading company for setting up an amusement Park in the district of Khurda was approved by the SLSWCA. It would provide employment to around 500 people at an investment of Rs 107.10 cr. In the same sector, approval was also accorded to an Odia entrepreneur for setting up a 4 star hotel at Bhubaneswar with an investment of Rs. 59.08 Crores, which would provide employment for 167 people.
The approved  proposal in the Steel sector was from one of existing sponge iron producer of Odisha to expand its  0.05 MTPA Plant to 0.283 MTPA integrated steel plant in Keonjhar district with a total investment of Rs. 573.41crore providing additional employment of  978 people.

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