In order to make the most out of the Special Investment Region (SIR) planned by the Odisha government, Dhamra Port Company Ltd. (DPCL), a fully owned subsidiary of Adani Ports & Special Economic Zone (APSEZ), has decided to develop infrastructure for the upcoming zone entailing an investment of Rs. 3,100 crore. Out of the total investment, the Government of India is set to contribute Rs. 1,844 crore while the balance, Rs. 1,256 crore will be borne by the state government of Odisha. The zone in question has been planned on 7,500 acres of land and the player is keen to grab opportunity of playing the anchor tenant's role for the proposed investment region. DPCL has already communicated its intent to the state government, said an industry insider. The master plan for this port-based manufacturing zone is being prepared by PricewaterhouseCoopers (PwC). Pilot project has been approved by the Department of Economic Affairs as port-based manufacturing zone under public private partnership (PPP) for Regional Integrated Development of Enterprises. It is envisioned as an economic hub for port-based manufacturing enterprises in the Asia-Pacific region. The port has been identified as one of the three key manufacturing hubs by the state industries department along with Kalinganagar and Paradeep, he claimed.
📅Published on:
22 October 2016
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