Thursday, November 30, 2023

Administration sets up Land Bank to woo industries

Jamshedpur : East Singhbhum district administration has set up a Land Bank in the district to woo industries. Spread across 25,000 acres, the bank will facilitate setting up of industries and providing information relating to the availability of land.

Addressing the newsmen on Friday afternoon, Deputy Commissioner Amit Kumar said that the step has been taken to help to investors set up industries and boost industrialization. He said that the administration will provide every land related information to those keen to come and invest.

�We have also prepared a list of key business areas for investment. This includes Agro-based industries, Mining, Dairy and Tourism. ADC Sunil Kumar has been made the Nodal Officer of the Land Bank. We are confident that the initiative will work as a boon to the district,� said Kumar.

Stating that setting up of land bank would help investors get information through district nodal officer, he said that directions have been given to make land available through the land bank to industrialists.

Sharing details on proposed investment projects in the district, the Deputy Commissioner said a Mumbai based firm has proposed to set multiplexes at Kadma in Jamshedpur and another one in Ghatshila. He said that the administration is awaiting for NOC from Jusco for the availability of land while the formalities have been completed for proposed project in Ghatshila.

Kumar, who held a meeting with senior officials of Tata Steel, Tata Motors and Singhbhum Chamber of Commerce and Industry over district�s representative at the two-day Global Investors’ Summit to be held at the mega sports complex at Hotwar in Ranchi, said that the summit would be telecast live at Michael John Auditorium.

He said that the local industrialists would also be able to interact during eight technical sessions that will be held during the summit.

Sources said 250 industrialists and administrative officials will participate in the summit starting on February 16. Apart from registration from entrepreneurs, 50 industrial units under the Adityapur Industrial Area Development Authority (AIADA) are putting up stalls at the much awaited business summit.

Tata Steel and its associate companies are also setting up stall in an exhibition at the Global Investors’ Summit.

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