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NEWS

24
Jul
2017

Centre to pump in Rs 40,000 crore to develop Paradip as smart port, smart city: Gadkari

Plans are also afoot to construct a railway line between Paradip and the coal town of Talcher at an investment of Rs 9,000 crore, Gadkari said. Paradip would be developed into a smart port and smart city at an investment of Rs 40,000 crore as part of the Centre's plan to bring about a speedy development of Odisha, Union minister Nitin Gadkariannounced today. "The Centre is committed to speedy development of Odisha. While road network is being expanded in the state, Paradip will be made a smart port and smart city at a cost of Rs 40,000 crore," the Union Road Transport and Highways minister said while laying the foundation stone of the long-awaited second bridge on Brahmani river here today. To begin with Rs 2,700 crore would be provided for the ambitious project, he said and an additional amount of Rs 2,000 crore would be spent to increase the depth of Paradip port to enable it to handle a variety of vessels and cargo.
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