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Govt clears two new townships, eyes Rs 4,000 crore investment

The West Bengal government has decided to develop Asansol as industrial town.

By: Press Trust of India | Kolkata | Published: February 8, 2015 4:28:12 am

West Bengal has cleared two theme-based townships to be developed by private sector that would attract an investment worth around Rs 4,000 crore. “Out of 15 proposals for new townships received, the government has cleared two theme-based townships, one for tourism and another for innovation. We expect work would start within a year,” urban development principal secretary Debashis Sen said on the sidelines of Infra East organised by CII.

Although it’s early to gauge the investments, it could be around Rs 4,000 crore which already has received provisional approval by state cabinet. The two townships would come up around Rajarhat’s New Town township.

Sen said the government has received proposals for 13 other townships from private developers and these will get approvals in due course as PPP projects.

He did not divulge the names of the entities that would develop the townships. Sen reiterated the Mamata Banerjee government’s stand that land acquisition would have to be done by the developer for their projects. The townships has to be developed on 50 acres or more.

The West Bengal government has decided to develop Asansol as industrial town, Bolpur as culture and Kalyani as analytics.

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