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Land for Shamuka project to be acquired

February 22, 2010 Leave a comment

The Orissa Government has begun the process of acquiring 626 acre for its proposed Shamuka tourism project.

The project needs 2,500-3,000 acre in all. The state government has already acquired around 970 acre for the Rs 3,500-crore project while land acquisition is expected to be completed by end-2010.

The project is being developed near Sipasarubali, about 10 km south of Puri on PPP mode.

After land acquisition process is completed, the Orissa Tourism Development Corporation is likely to invite fresh bids for the project.

The project comprises four five-star hotels, convention centre, an 18-hole golf course, boutique hotels, international spa and wellness centres, an entertainment zone and sports facilities.

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Medicity planned in Jagatpur

February 19, 2010 Leave a comment

Sahyog Foundation plans to set up a Medicity at Jagatpur near Cuttack and a college and hospital at Keonjhar in Orissa at an outlay of Rs 1,100 crore. The amount is to be raised through a mix of debt and contributions from the promoters and Non-Resident Indians.

The foundation has commenced land acquisition process for the Rs 900-crore medicity. The project is to comprise a 150-seater medical college, 700-bed hospital, homeopathic college, an ayurvedic college and other public amenities like a shopping mall, gymnasium, swimming pool and food court. The project is expected to be operational by 2014.

The Keonjhar project entailing a cost of Rs 200 crore will have a medical college with 50 seats to begin with and a 300-bed hospital. Sahyog is to sign the MoU with the Orissa Government for setting up the project shortly.

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