Sambalpur Commercial Complex in IDCO Pipeline.

Budding entrepreneurs are set to get better business opportunities as Industrial Infrastructure Development Corporation (IDCO) has proposed to construct a multi-storied office-cum-commercial complex in Sambalpur with an estimated cost of Rs. 50 crore and on principle, the land of the Government bus stand has been identified for the project.

Chairman-cum-Managing Director of IDCO Vishal Dev accompanied by Chief General Manager (Civil), IDCO, Ratan Agrawal and officials from OSRTC visited the site recently and reportedly gave their approval for location of the proposed complex. The revenue generated from the complex would be shared by IDCO and OSRTC.

While the tender for a similar project has been floated in Jharsuguda, the detailed report of the Sambalpur building is being prepared.

Revealing it to Express, Sambalpur Collector Balwant Singh said since the bus stand of Odisha State Road Transport Corporation (OSRTC) and that of City Bus Service would be shifted to the modern bus terminus which is under construction at Ainthapali, the area will be available for the complex.


THE NEW INDIAN EXPRESS