Reported by Chinmaya Dehury
Bhubaneswar, Aug 20:
Odisha Chief Minister Naveen Patnaik today directed the officials concerned to expedite infrastructural work like road and boundary construction, electricity and water connection and communication facilities for the Info-Valley project, the second IT park in the city.
The chief minister visited the area located on the outskirts of the capital city along with Industries minister Debiprasad Mishra, IT minister Pranab Prakash Das and government officials.
The Info-Valley project, being developed on 600 acres of land, will have an IT SEZ project, Electronic System Design and Manufacturing (ESDM), Business and Recreation Park and a hardware park.
The project is expected to generate Rs 1,500 crore revenue in the first three years.
The electronic manufacturing cluster (EMC) proposed to be set up at Info-Valley has already got in-principle nod from the Union Department of Electronics and Information Technology (DEITY), said sources in the IT department.
State-run Industrial Infrastructure Development Corporation (IDCO), which is the nodal agency for the setting up of the Info-Valley project, has prepared a Rs 81.19 crore action plan for financial year 2014-15 (FY-15). The agency is aiming to complete the project by March, 2015.
IDCO sources said the total estimated budget of the project is Rs 151.11 crore, out of which Rs 69.92 crore was spent during the previous financial year (2013-14) and the rest (Rs 81.19 crore) will be utilised in the current fiscal.
IT major Infosys is the anchor tenant for the Info-valley where the company has been allotted around 50 acres of land for its second campus.