spot_img
26.5 C
Mangalore
Wednesday, November 30, 2022
spot_img
spot_img
spot_img
spot_img

Popular Articles

Mangalore: Plastic Park project gets final approval

The Ministry of Chemicals and Fertilizers has given its final approval for a plastic park to be built at Ganjimutt, Dakshina Kannada. With a total project cost of Rs. 6277 lakh, including a central grant of Rs. 3138.775 lakh, the project would be executed through a special purpose vehicle (SPV) formed by KIADB. The proposed plastic park will be built on 104 acres of land and will help to create work opportunities.

- Advertisement -

Mangaluru’s plastic park was declared by the Minister of Chemicals and Fertilizers in 2015. The MRPL polypropylene facility would provide raw plastic to units at Ganjimutt’s Plastic & Polymer Park. The park will include an ecosystem with cutting-edge infrastructure and shared amenities to consolidate and synergize the domestic downstream plastic processing industry’s capacity. Hundreds of unemployed youngsters will be hired in the plastic park. 

The plastic park will not only utilize raw plastic but also save on transportation costs. Over 32 companies have registered with the department to set up units in Plastic Park. The scheme steering committee constituted under the scheme for setting up a plastic park has approved Rs. 240.70 lakh for site development and constructing retaining walls.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

61,975FansLike
65,045FollowersFollow
5,190FollowersFollow

Recent Articles

Mangaluru’s long-awaited pre-military training base has finally opened

A pre-military training center, a state government ambitious project, has begun operations in the coastal region. This centre started operating in October in the Uttara...

In Karnataka, the price of Nandini milk and curd has been raised by Rs 2 per litre

The Karnataka Milk Federation (KMF) decided to raise the price of its Nandini brand milk and curd by Rs 2 per litre on Wednesday....