Kolkata, Aug 05: In a bid to invite private participation in infrastructure sector, West Bengal government today approved a guideline for such investment for the private participants as also those willing to set up enterprises in joint sectors. Talking to the reporters after a cabinet meeting that approved the guideline, Urban Development Minister Ashok Bhattacharya said that private investment was welcome in the port, waterways, surface roads, flyovers, overbridges, drinking water distribution, area development, airports and housing sectors.
He said that a committee has been formed with Chief Secretary, Finance Secretary and secretaries of the concerned departments for overlooking such investment.
The committee will study investment proposals and pass them on to the concerned ministers for approval.
While studying the proposals, the factors that are to be taken into considerations will mainly be the project's techno-economic feasibility, the transparency of the investor, his ability to complete the project and the competitive attitude.
Bhattacharya also said that the government would provide some concession to the investors regarding land and other facilities.
Bureau Report