Sunday, January 10, 2016

BAPL woos investors with an extended flight route

Kolkata: The country's premiere aetropolis project developed by Bengal Aetropolis Projects (BAPL) has begun to attract investments after it extended its flight operations in its greenfield private airport.

Sources in the industry has pegged investments to the tune of Rs 2,500 crore involving four projects.

Chinese bus maker Zhongtong Bus Holding Company, in a joint venture project with West Bengal Industrial Development Corporation, is set to start manufacturing buses in the coming five years. This project will entail an investment of Rs 1,500 crore.

An exclusive colony for DVC employees has also been planned which will attract an investment of Rs. 250 crore.

Also, the Shapoorji Pallonji Group is also designing a residential project for the financially weaker sections of the society at an estimated investment of Rs 750 crore.
09/01/16 Business Standard
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