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HP Government Committed to Attracting Investment: Minister

Published: 19th October 2014 10:33 PM  |   Last Updated: 19th October 2014 10:33 PM   |  A+A-

By PTI

SHIMLA: Himachal Pradesh Urban Development Minister Sudhir Sharma today said the government is committed to removing various hurdles to attract maximum investment for the development of integrated townships in the state.

"The government is committed to removing various hurdles and ensuring clearances in a time bound manner so that maximum investment can be attracted in the state," Sudhir Sharma said at an investor's interaction meet organised in?New Delhi.

Sharma said the state government plans to develop townships with the help of private investors on the PPP model, in association with HP Housing and Urban Development Authority (HIMUDA), HP Infrastructure Board and Department of Urban Development.

He said the state government would come out with an investor friendly policy for investments and the interest of people of Himachal would also be protected.

The government is open to suggestions from investors for drafting pragmatic policy for the development of integrated townships and said this meet would go a long way in assisting the government to finalise it in a time bound manner, he added.

HIMUDA has finalised the draft for Himachal Pradesh Integrated Township Policy and has sent it to the government for approval.

Integrated townships policy focuses on affordable houses for economically weaker sections and aims to set up satellite townships near Shimla, Kangra, Solan, Mandi and Hamirpur.

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