The implementation of the Comprehensive Development Plan (CDP) of Bhubaneswar prepared by the department of architecture and urban planning of IIT-Kharagpur would involve an investment of Rs 31,450 crore on different sectors by 2030.
Out of the total investment of Rs 31,450 crore, the public investment would be Rs 15,000 crore which is to be raised through a specially created fund called Bhubaneswar Cuttack Urban Complex Infrastructure Fund.
The balance requirement would be met through long-term loans, capital finance through devolution of funds, user charges and improved collection of taxes.
KC Satpathy, planning member, Bhubaneswar Development Authority (BDA) said, “Out of the total investment of Rs 31,450 crore for the CDP, the amount spent on traffic and transportation would be Rs 9,990 crore while Rs 7,500 crore would be invested in building 4.31 lakh dwelling units spread over 9,286 acres by 2030.”
The draft CDP of Bhubaneswar is expected to be finalised by the end of October this year, he added. It may be noted that the last CDP for Bhubaneswar was prepared in 1994.
Satpathy was speaking at a session on the Comprehensive Development Plan (CDP) of Bhubaneswar organised by the Confederation of Indian Industry (CII).
Speaking on the occasion, Vishal Dev, commissioner, Bhubaneswar Municipal Corporation (BMC) said, “There is scope for developing projects like affordable housing, city transportation, solid waste management and preservation of heritage structures on the public private partnership mode.”
The traffic and transportation plan of the CDP includes among other things the construction of a regional rail passenger terminal facility near Barang at a cost of Rs 400 crore and the setting up of a regional bus passenger terminal facility near Barang at an investment of Rs 100 crore.
Besides, Rs 250 crore would be invested in construction of a multi-modal logistic hub at Jatni while a wholesale trading and truck terminal facility would be set up near Pahala at a cost of Rs 150 crore.
As per the CDP, 4.31 dwelling units would be built in areas like Chandrasekharpur, east Kuakhai, Aigania, Tamando, Gangapada, Bhubaneswar New Town, Khurda and Jatni to help accommodate the projected population of 30 lakh in and around the city by 2030.
The CDP says that the water requirement would reach 88 million gallons per day by 2030 and the plan has envisaged an investment of Rs 1,125 crore to ensure 100 per cent water supply.
The creation of additional social infrastructure facilities including schools, colleges, hospitals, telecommunications facilities, postal services, recreation halls, commercial banks, parks and playgrounds, community halls and electricity substations by 2030 would involve an investment of Rs 3,310 crore.
The CDP has also emphasised on development of tourism projects. According to the CDP, 316 hectares of land in and around the city would be earmarked for various tourism projects at a cost of Rs 580 crore.
Moreover, Rs 300 crore would be invested on preservation and promotion of heritage structures in Bhubaneswar and Khurda.