The empowered committee, under the chairmanship of Punjab chief minister Parkash Singh Badal, on Tuesday approved 11 new Mega Projects to be set up in Punjab with an investment of about Rs 2815.06 crore with an employment potential of about 20,465 persons.
Giving the details, chief minister?s media advisor, Harcharan Bains said that these approved projects included; three manufacturing projects including Tayal Energy Limited (Rs 507.98 crore) at Goindwal Sahib in district Tarn Taran, Wazir Singh Yarns Private Limited (Rs 31.49 crore) at village Bhalla Pind in Amritsar, district and Merial India Private Limited (Rs 250 crore) at village Sambhalheri in SAS Nagar district with a total investment of Rs 789.47 crore thereby generating total employment potential of 1155 persons.
Bains further said that the five Multiplex cum hotel projects approved included a multiplex to be developed by Best Infrastructure (India) Private Limited (297.14 crore) at Bathinda and another by Necia Builders & Developers Private Limited (Rs 349.46 crore) near International Airport Amritsar and three Hotel projects of Piccadily Hotels Private Limited (Rs 155 crore) at Ludhiana and Cargo Motors Private Limited (Rs.90 crore) at Jalandhar and Hotel Alstonia – unit of Nijar Hotels (Rs 11.07 crore) at Amritsar with an total investment of Rs 902.67 crore had also been approved with an employment generation capacity of 14510 jobs. Besides, one mega project of retail chain in service sector namely Metro Cash & Carry India Private Limited with its two centers in Ludhiana, one each in Mohali, Zirakpur, Jalandhar and Amritsar (Rs 900 crore) with employment generation of 2700 jobs.
The empowered committee also approved an Agro based Industrial project namely Bhagwati Lacto Vegetarian Exports Private Limited at Ferozepur Cantt with an investment of Rs 32.92 crore having employment potential of 500 persons.
The committee also granted clearances to a mega housing project near the international airport at Amritsar, with an investment of Rs 190 crore and providing employment opurtunities to 1500 people.