To enable investors keen on setting up units within the National Investment and Manufacturing Zone (NIMZ) proposed at Kalinganagar, the Odisha government has embarked on an environmental impact assessment (EIA) study. The study is expected to ease hassles for potential investors to run their units in the mega manufacturing zone.
“The EIA study will be done for the entire zone so that a major hurdle is cleared for the industrial units keen to come up here. Then, a public hearing will be conducted. The study will be completed in a year or so”, said an official source.
The state government is implementing NIMZ through an existing SPV (special purpose vehicle)- Jajpur Cluster Development Ltd. In this JV, the Kalinganagar Industries Association holds 51 per cent equity, the rest 49 per cent stake is owned by Odisha Industrial Infrastructure Development Corporation (Idco).
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