Odisha Economic Corridor needs Rs 123 trillion investment: ADB study

The Odisha Economic Corridor would need a total investment of Rs 123 trillion. Transportation and logistics component of the proposed infrastructure development would account for 70n per cent of this total envisaged investment. The balance 30 per cent of the investments are to be sunk into energy and urban sectors, says a study by Asian Development Bank (ADB). The Odisha Economic Corridor is the third and final phase of the country's first coastal economic corridor.

The proposed investments are based on projects that have already been identified by the Odisha government. Many road sector projects are close to procurement and construction.