Orissa claims no 1 spot in investment
Orissa has emerged as the country's number one state in terms of the total amount of investment committed, official sources said quoting a study.
By PTI |
BHUBNESWAR : Orissa has emerged as the country's number one state in terms of the total amount of investment committed, official sources said quoting a study.
While the volume of envisaged projects in Orissa was Rs 5,99,181 crore, ahead of many developed provinces, including Maharashtra and Gujarat, the state also tops the list of places in terms of project implementation.
Majority of investment proposals came in aluminium, airport, mines, port, energy, steel, railway and tourism, an
official said, adding Orissa also led the states in project implementation as about Rs 3,08,589 crore investment was being implemented in the state.
"The state continues to top the list of project implementation in 2005, 2006 and 2007," the official said quoting the study report of Capex Database Centre.
He pointed out that as much as Rs 5,99,181 crore investment was proposed in 483 projects, of which 52 per cent (Rs 3,08,589 crore) was in implementation stage.
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However, the official said that rest 48 per cent, which amounted Rs 2,90,592 crore, was in announced stage.
The state government also claimed that a large number of investors were in queue for putting their money in power sector.
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