Tag: PPP model

Bangla Govt to develop ‘theme cities’ under PPP model

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Bangla is set to develop six ‘theme cities’, covering approximately 50 acres of land in total, on a public-private partnership (PPP) model. Bids from private investors are being seeked.

This was announced by the chairman of the development agency, Hidco (who is also the additional principal secretary to the Information Technology and Electronics Department) at a seminar organised by the Confederation of Indian Industry (CII) in Kolkata.

It may be mentioned that New Town near Kolkata, under the stewardship of Hidco, has been developed as the first smart city of the State, and is considered a model worth emulating in the country.

In addition to this, he also said that the construction of the hardware parks in Naihati, Falta and Sonarpur are going on in full swing, and on completion, these would add a new dimension to the IT infrastructure of the State.

Source: Ei Samay

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WB Govt to appoint advisors for implementing infra projects

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After returning from London, chief minister Mamata Banerjee has stressed on completing all ongoing projects in the state before the end of the financial year. The state finance department is engaging sectoral transaction advisers who will coordinate with different state and municipal level development agencies to help them find private partners to execute the projects on PPP model.

According to Nabanna officials, the finance department wants six transaction advisers for PPP projects in the state for different infrastructure sectors. The most important sector will be physical infrastructure that includes construction and transportation.

Urban (municipal) infrastructure sector includes water supply , treatment and distribution, drainage and sewerage and solid waste management. The third sector is industrial and related infrastructure like area development and commercial development, power and telecommunication infrastructure and the fourth sector is social infrastructure that includes non-construction activities like health, education, environment and ecology .

The state finance department will be the nodal agency for implementation and development of infrastructure projects under the PPP format. Officials said that the sectoral transaction advisers who will be selected will assist the government and state level agencies in executing the projects within a fixed time frame.

 

This is an excerpted version of the story that appeared in The Times of India on August 5, 2015

Bengal’s Integrated Textile Development project to attract around Rs 37,000 crore

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The West Bengal Government is hoping to attract around Rs 37,000 crore in the state through 10 Textile Clusters or Parks under Integrated Textile Development project over the next three years.

The project, on PPP model, will provide employment to 6-10 lakh people and incur a total investment of Rs 37,000 crore. The infrastructure, development and expenditure part of these projects will be about Rs 9,159 crore.

These parks, involving hosiery, ready-made garments and knitting, will come up at Barasat, Bankura, Metiabruz, Uluberia, Salt Lake, among other places. Most of the investments will be from private sector.

Meanwhile, six artisans from Bengal will be able to showcase their produce in France in a project under the supervision of UNESCO.

WB CM names six new townships coming up in Bengal

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Six new townships will be coming up in West Bengal, providing homes to middle class and the poorer section of the society. To be built under PPP model, there will be 25% reservation for the poor section for availing flats in these cities. The land required to set up these cities will be provided from the Land Bank of the West Bengal Government.

The townships will come up at Asansol-Durgapur, Bolpur, Siliguri, Kalyani, Kamalgazi and Gazoldoba.

The township at Asansol-Durgapur will be named Agnibina, that in Bolpur will be christened Geetabitan. The township in Siliguri will be called Teesta, the one in Kalyani will be known as Samriddha. The one in Kamalgazi will be called Uttam City while that in Gazoldoba will be known as Mukta Tirtha.

The site for another city, christened Biswa Bangla, is to be decided soon.

The cities will be complete with hospitals, sports complexes and all other modern facilities.