Categories: News

Economic Corridor along the Biju Expressway in Odisha soon

Bhubaneswar: An Economic Corridor is to be created in various places in Odisha which are likely to be completed soon.

Asit Tripathy, Principal Advisor to Chief Minister and Chairman, Western Odisha Development Council chaired a review meeting on Monday about the development of the economic corridor planning along the Biju Expressway scheduled to be completed by March-2023.

The Economic Corridor to be created along Sohela, Padampur, Paikmal of
Bargarh district, Nuapada & Sinapali in Nuapada district and Golamunda in Kalahandi
was discussed.

Under this initiative, 11 Industrial firms have agreed to set up their Industrial Estates. Tender process have also been completed. Land acquisition for the entire stretches have been scheduled except few patches in Bargarh.

Focus will be to set up Industrial estates along Khariar of Nuapada, Junagarh of
Kalahandi, Padampur in Bargarh.

To add value on USP of Biju Expressway Industrial Corridor, the arterial roads around industrial nodes connecting Biju expressway and Railheads shall also be augmented. It was decided further that the geographical area of operation for District Investment Promotion Agencies (DIPA) shall be extended to 4 more districts i.e., Khurdha, Cuttack, Balangir and Koraput.

It was also decided that event similar to “Advantage Angul” to be planned for
Sambalpur or Jharsuguda in the first or second week of July under the aegis of ‘Make in Odisha’ to attract more investment from large industries and MSME entrepreneurs.
Senior officers from Works, Industries, MSME and other concerned institutions
were present in the meeting.

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