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HSIIDC proposes to develop IMT Sohna under PPP mode

Press Trust of India  |  Chandigarh 

State Industrial and has decided to venture into a joint development of integrated (IMT), under PPP mode.

"is exploring the possibility of partnering with the world's best in the field of development of state-of-the- art industrial infrastructure that will usher in a new era of rapid development, investment and employment opportunities in the region," a of the Corporation said today.

He also informed that a pre-bid meeting is scheduled to be held on April 30.

has proposed development of IMT spread across 1,292 acres of land through PPP (Public Private Partnership) mode. The proposed IMT will span around to the north of in Mewat region.

"The site has immense locational advantage. It is located at the intersection of NH2-48A and about 36 km south of the Chowk, Gurugram. State Government's recent announcement of setting up of a five km long elevated corridor from Subash Chowk to Road after Badshapur village would further reduce the to Gurugram.

"It forms part of the National Capital Region and is located at approximately 50 km from the Indira Gandhi International Airport," he said.

The proposed IMT is envisaged for development of this industrially backward region of Mewat through a Joint Development Model wherein expertise, efficiency and financial resources of will help in setting up of world class thus, unveiling the untapped industrial potential of the region, he said.

has already invited Expression of Interest (EoI) for development of IMT, the added.

HSIIDC, Government's nodal agency for development of industrial infrastructure, has already developed six IMTs, including at Manesar, Bawal, Rohtak and Mewat.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 12 2018. 13:25 IST