Current Affairs

Goa IPB clears 14 projects worth 717 crore

Goa government today cleared 14 new projects worth Rs 717 crore, which will help generate employment to 2,600 persons.

The Goa Investment Promotion Board (GIPB) meeting chaired by Chief Minister Laxmikant Parsekar approved the project proposals.

“Total proposals worth Rs 717 crore were cleared by the Board. In all, 14 projects were cleared and some were deferred. Once these projects attain completion, it will provide employment to 2,600 people,” Parsekar told reporters.

A senior GIPB member said that the board deferred the decision on proposal of Hindustan Coca Cola Beverages Private Limited to expand its existing plant at Verna.

The proposal of Spark Healthline Private Limited for grant of in-principle approval for construction of floating jetty for water sports activity and boat cruise in the Mandovi bay area at Reis Magos near here was also deferred, he said.

Sources said GIPB approved proposal of Alkesh Mangesh Dessai for grant of in-principle approval for setting up of agro-eco-tourism project on 1,360 square meters land at Shristhal in south Goa.

Other proposals which were cleared include the project for capacity expansion in existing facility of Andrew Telecommunication India Private Limited in Verna Industrial Estate.

It also gave a go-ahead for expansion in the manufacturing capacity of tablets and capsules from the existing capacity of 6,000 million numbers per annum to 8,000 millions numbers per annum at Watson Pharma Private Limited situated at the Verna Industrial Estate.

Alcon Cement Company Private Limited has been allowed to expand its manufacturing facility by setting up a new cement plant costing Rs 53 crore on an area of 2,300 sq. mtrs within the existing premises at Surla.
With regard to the hospitality sector, the Board approved the proposal by Alagoa Resort for grant of in-principle approval for expansion of existing Amigueiro Eco Boutique Resort at Betalbhatim in South Goa with an investment of Rs 9.86 crore.


Savio Rodrigues

Savio Rodrigues Founder & Editor-in-Chief

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