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Bhubaneswar’s investors will play a vital role in the development of Ranchi Smart City

Principal Correspondent

Ranchi:| Municipal Commissioner Mukesh Kumar has said that Jharkhand is a state of future and immense possibilities in the country, so investors willing to invest in various sectors should invest in Ranchi Smart City. Speaking at the Investors Meet 2021 organized by Ranchi Smart City Corporation in Bhubaneswar, the capital of Odisha, the Municipal Commissioner urged investors from Bhubaneswar and other cities of Orissa to invest in Ranchi Smart City.

He said that all the eminent industrialists of the country, PSUs of the central government, and big institutions of the country have had a relationship with Jharkhand, because of the mineral wealth here as well as the weather and the policies made by the state government for business are very attractive. He said that in the last 5 years, Jharkhand is standing in the line of the first five states in the Ease of Doing Business.

Addressing the program, Mr. Amit Kumar, CEO, Ranchi Smart City Corporation urged the investors of Bhubaneswar to invest in Ranchi Smart City and said that there are a large number of educational institutions for higher education in Bhubaneswar and when we make Ranchi an education hub. As we are developing, then your cooperation is necessary, your experience should contribute significantly to making this city an education hub. The e-auction process in Ranchi Smart City is completely transparent and contactless. An investor sitting in any corner of the country can now participate in any auction for the plot of his choice. The state government aims to develop the capital of Jharkhand as an education hub. In terms of ease of living, the infrastructure of the city is being developed, which is in the final stages.

Important points on which the CEO of Smart City focused in the Investors Meet 2021 held in Bhubaneswar are as follows.

(i) Companies working in the educational sector will auction the plots identified for the educational sector, then their price has been kept at one-third of the residential.

(ii) GIS sub-station has been constructed for an uninterrupted power supply.

(iii) No electricity and telephone wire shall appear as overhead wire inside the Smart City area.

(iv) All utility services shall pass through the utility duct to reach each plot.

(v) World-class plans have been made keeping in mind to promote Ease of Living.

(vi) The new city has given special emphasis on renewable energy, solar system, CNG water conservation.

(vii) The important points emphasized by Municipal Commissioner Ranchi in the program are as follows:

(viii) The area of Ranchi Smart City is located in the power center of the capital.

Ranchi is one of the best places in the country for investment due to various reasons.

(i) Ranchi is included in the best cities in terms of business, industry, and weather.

(ii) The policies of Jharkhand related to investment are very attractive.

(iii) Jharkhand is also included in the list of leading states in the Ease of Doing Business for the last several years.

(iv) Jharkhand’s single window system is already working.

(v) With the development of the city, one can explore the possibility of taking their business forward.

EW Correspondent



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