Infrastructure News

Goa Investment Promotion Board clears 6 projects, to bring in Rs 310 crore investment, 2,450 jobs, Infra News, ET Infra

[ad_1]

Goa Investment Promotion Board clears 6 projects, to bring in Rs 310 crore investment, 2,450 jobs

PANAJI: The Goa Investment Promotion Board (IPB) headed by CM Pramod Sawant met on Tuesday and cleared six projects, including the proposal for a Mini India theme park in Pernem. “We cleared six projects with investment of Rs 310 crore and employment potential of 2,450,” said industries minister Mauvin Godinho.

IPB gave Pune-based real estate firm Bramhacorp Theme Park LLP the nod to set up the Mini India theme park on private land at Pernem. The company intends to establish a theme park using miniature models of historical monuments, while also showcasing folk dances, festivals, spices, and cuisine close to Manohar International Airport, Mopa.

A theme park is coming up in the North, and that has also been approved today. It will come up close to Mopa,” said Godinho after the board meeting.

A subsidiary of the Kirloskar Group is among the six projects that intend to start operations and create over 1,100 jobs along the Sanquelim-Amona belt. The IPB has given its in-principle approval to Karad Projects and Motors Ltd, which is a wholly-owned subsidiary of Kirloskar.

“They have told the government to identify land. They want to be in the Sanquelim-Amona belt as they want to hire locals,” said a government official.

Apart from this, the government cleared a project that aims to grow mussels just off Goa’s coastline, a distillery, an asphalt production plant, and a packaging company. “One company is going for mussel cultivation in collaboration with a foreign company,” Godinho said. “This is going to be in the sea, and they will involve local fishermen. We have put a condition that locals have to be involved. The project will also help with exports, as they want to export the mussels.”

During the board meeting, consulting firm EY presented the draft logistics policy to board members, who gave their approval. “It has now been decided to send the logistics policy to the cabinet for final approval. The logistics policy was formulated after extensive discussions with industry, GMR Airports, Konkan Railway, Mormugao Port Authority and industry bodies,” said an IPB board member.

The board members also held a wide discussion about the creation of an additional land bank under the Goa Industrial Development Corporation, measures to improve the functioning of GIDC, and an exit policy for industrial units that have either shut down, or which are sitting on land but never started operations.



[ad_2]

Source link