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Bangalore, Mar 8 (PTI) Karnataka government has proposed to set up a food park at Ittangihala village in Bijapur through the state-owned Food Karnataka Ltd, Large and Medium Industries Minister Murugesh R Nirani said today. It is proposed to establish citrus, banana, pomegranate, grape (for wine manufacturing), sambhar-based and other processing industries in this food park, he said in a written reply in the Legislative Assembly.
Selection of private entrepreneurs for establishing this park is under progress. The project cost is estimated to be Rs 23.84 crore.
It is expected to start functioning in next 30 months. The State government has decided to extend viability gap funding facility, the Minister said.
Nirani also said that the State government has decided to drop the engineering sector special economic zone (SEZ) in Shimoga as no company came forward to set up a project there. The entire extent of 250 acres earlier proposed for SEZ has been allotted to the Bangalore-based Shahi Export for setting up facilities for weaving, textile and ready-made garments with an investment of Rs 533.19 crore.
"The State government is proposing to enter into MoU with the companies for facilitating their investments", he said. "As of now, the State is facilitating investments and assisting entrepreneurs to set up their projects through single window approval mechanism".
08 March, 2010 by admin