Bhubaneswar,Oct 11 (UNI) The Apeejay Surrendra Group in collaboration with Bharati Shipyard will set up an ultra modern shipyard at Charidiha on Dhamra coast in Orissa with an investment of Rs 2200 crores.
Official sources here said a MoU will be signed in this regard in November.
A high level delegation of the Apeejay Surrendra Group, led by its Chairman Karan Paul, discussed the issue with Orissa Chief Minister Naveen Patnaik here today.
Besides ship building, the repairing of ship would be taken up in the shipyard which would be the largest in the private sector in entire Eastern India.
The work for the project would begin from the middle of next year and be completed by 2013 in three phases. The project would help in the rapid development of industries in the steel sector in the state.
Official sources said while 75000 tonnes of steel would be used in the first phase, 2.30 lakh tonnes of steel would be used in second phase and 4.50 lakh tonnes in the third phase.
The project is expected to provide employment to 41,000 people both directly and indirectly, the sources said.
The Apeejay group would also set up an Industrial Training Institute at Dhamra to impart technical training on ship building to the local people. The Group would also set up a Research and Design centre and a Knowledge Park at Bhubaneswar.
Arrangement would be made to provide higher education to students in business management, fashion design,hospitality,nautical science, food technology and nutrition science and hotel management in the park.
Industry Minister B B Harichandan said the company has sought 1,050 acres of land to set up the shipyard.
Keeping in view of large scale employment opportunities in the project, the Chief Minister directed to appoint a nodal officer to expedite the project, official sources said.