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Article: India: WBIDC to begin socio-economic study for Rs 2000-cr(usd 404.2mn) shipyard.

Article from:
TendersInfo
Article date:
December 9, 2008
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Byline: deepak03

West Bengal Industrial Development Corporation will soon conduct a socio-economic viability study to overcome the land acquisition hurdle for the Rs 2,000 crore(usd 404.2mn) Apeejay-Bharati shipyard joint venture project in the State.

WBIDC and the Haldia Development Authority, which was involved in the land acquisition for the project that was to come up at the port town of Haldia, hinted that consent for some 300 acres was received out of 494 acres required.

"WBIDC will soon initiate a socia-economic viability study at the project area in order to formulate a rehabilitation scheme. This will help negotiations for land ...

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