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Karnataka plans 100 infra projects under PPP

Karnataka plans 100 infra projects under PPP

Karnataka government has identified about 100 projects to be implemented on public-pri­vate-partnership (PPP) model, involving an investment of more than Rs 68,000 crore. The government has identified over 100,000 acre under the land bank scheme for industries and has already issued notifi­cation to acquire about 83,000 acre. It is also learnt that the state government signed MoUs with 389 companies with a to­tal envisaged investment of about Rs 87.5 billion, during the global investors' meet last year. Of this, 19 projects have already started production and 222 projects are under imple­mentation. Besides, 52 special economic zones have been app­roved in the state and 20 of them are operational.

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