Odisha hopes to achieve Rs 5,000cr infra investment target


The partnership between public and private would play an important role in achieving the investment target of Rs 5000 crore in Odisha said Chief Minister Naveen Patnaik while inaugurating a round table meet organised by an English daily.

Patnaik said, “We realise that infrastructure development alone would make our multi-faceted schemes and programmes in different socio­economic sectors sustainable, leading to greater growth  multipliers.”

Speaking on the “State’s Growth Path and Opportunities Ahead”, the chief minister stated that the key objective of the state government is to progressively address the task of achieving sustainable and inclusive economic growth and accelerating human development, he said emphasis is being laid on upgradation and improvement of infrastructure base in the state and efficient delivery of public services.

As Odisha is rich in natural resources it has enormous  potential for gowth besides abundance of minerals offers a huge potential for industrialisation through establishment of heavy industry and the consequent ancillary industries, he pointed out.

In order to attract investment, Patnaik said,” We have framed much progressive legislation and setup a single window system for faster project learning. We have also undertaken a series of reform measures in industry, infrastructure, financial and social sectors in the last decade.”

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