![]() Financial Daily from THE HINDU group of publications Friday, Apr 18, 2003 |
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Industry & Economy
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Infrastructure Bid to boost Haldia infrastructure Our Bureau
KOLKATA, April 17 ENCOURAGED by the renewed fresh investment proposals in the Haldia industrial belt, Haldia Development Authority (HDA) has targeted the creation of all necessary modern infrastructure in the HDA command area within the next five years. A total of 47 infrastructure projects will be implemented at an estimated cost of about Rs 900 crore, according to Mr Lakshman Seth, Chairman of HDA. Speaking at an interactive session with members of the Bengal Chamber of Commerce & Industry (BCCI) here, Mr Seth said that HDA had allocated land to at least 12 investors who were keen to set up large-scale manufacturing units at Haldia. The required land would soon be allocated to few others who had evinced keen interest to set up manufacturing units at Haldia. He said that a bridge would be constructed over the Hooghly to reduce travel time between Hadia and Kolkata. A Japanese financial agency had agreed to provide necessary fund for the bridge project, which would connect Raichak in the eastern side of the river and Kutihat in the western. Incidentally, The Union Finance Ministry had approved West Bengal Government's proposal to construct the bridge with financial assistance from Japan. Mr Seth said that a 150-MW capacity plant was proposed to be set up at Haldia to make the HDA command area self-sufficient in power. He invited private investors to set the power project.
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