Bhubaneswar to become IT hub
An information technology investment region (ITIR) is going
to be established in Bhubaneswar. The proposed ITIR region in Bhubaneswar will
be developed on an area of 40 square kilometers for which around 10000 acres of
land is required. According to the sources, the ITIR region will come up
between Bhubaneswar and Khurda at a cost of Rs 17,883 crore. The cabinet memorandum
for the same is being made and it will get the approval of the cabinet soon.
The ITIR region of Bhubaneswar will create as many as
2,30,000 jobs in the state while it can accommodate a population of 5,40,000. Around
three fourth of the project will be made in public private partnership (PPP)
mode. Sources say that the in-principle approval has already been given by the
centre. At a time when foreign direct investments (FDI) are gaining pace, the
ITIR region will definitely attract a huge amount of investment to the state. The
ITIR project is expected to include an airport, a global IT training centre and
a science city among other things.
The Infocity II project that is already in progress, is also
going to be a part of the information technology investment region of Bhubaneswar.
Infocity II is being developed over 600 acres of land. According to the
sources, the ITIR project will be completed in two phases. While 20 percent of
the project is planned to be completed in the first phase, the second phase
will have majority of work which includes 80 percent of the project. The next
big thing about the project is land acquisition. As per the ITIR project plan,
arounf 40 percent od the land will be allotted to the information technology (IT),
IT enabled services (ITES) and electronics and hardware manufacturing units. The
other 60 percent of the approved land will have development and research centers.
Institutes of national and international importance will also be allotted land
in this region. Some schools, hospitals and shopping malls are also planned to
be constructed here.
Similar kind of ITIR projects are also approved in other
states like Andhra Pradesh and Karnataka.
Bhubaneswar is one of the growing city and going to be one of the IT hub in the east zone of the country. Different small and big IT companies are already starts their company in this city and also some of them are interested to start their office in the near future. So to invest in the real estate sector of this city is really beneficial.
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It is great to know the Bhubaneswar is growing so rapidly !!! AS bhbneshwar is becoming IT hub many people will get employment in it which is great !!
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