Infrastructure Development in Public-Private-Partnership
In order to meet the need for high quality physical and social infrastructure required for rapid economic development, the Government of Odisha encourages greater Private Sector Participation In infrastructure projects. With a view to provide comprehensive policy and regulatory framework and guidelines for attracting and facilitating private sector participation in infrastructure development, a Policy for "Facilitating Public Private Partnerships (PPP) for Infrastructure Development in the State of Odisha" has been drafted which is likely to be notified soon. A dedicated Cell under Planning & Coordination Department has been setup to facilitate development of projects in PPP format.
IDCO has also established a Project Development & Promotion Partnership (PDPP) with IL&FS with a revolving Project Development Fund to develop select projects in key areas.
Infovalley is a Joint venture Integrated IT Park with IL&FS in Eastern India comprising an IT SEZ integrated witha township on 500 acres of land in the western parts of Bhubaneswar