PANJIM: Goa Industrial Development Corporation (GIDC) is likely to benefit from the additional over three lakh sq mts of land in the industrial estates, as a result of reduction in the open spaces from 15 per cent to 7.5 per cent.
GIDC chairman Glen Ticlo said the unlocking of 24 lakh sq mts of land under Special Economic Zone and another three lakh sq mts under open space amendment, will help in the growth of saturated industrial sector.
GIDC has initiated survey to identify additional land, which is available for conversion of plots post amendment to the Goa (Regulation of Land Development and Building Construction) Act, 2008 and Goa Land Development and Building Construction Regulations, 2010, as per which the open space areas in the industrial estates have been reduced from 15 per cent to 7.5 per cent and the utility area from 7.5 percent to 5 percent, thereby making the balance 10 per cent available for industrial expansion.
Ticlo said the survey to identify additional land has already been initiated and it is likely to be completed within three months.
“A rough estimate states that around three lakh sq mts of land will be available but of that also we will have to see how many can be converted into plots,” he said.
Ticlo admitted that at present there is no land available for industrial purpose in the estates. “And this has been a biggest issue for growth of industrial sector,” he said.
“However, with unlocking of 24 lakh sq mts of land, we have open up land for new industries,” he said.
There are total 2489 industrial units spread across 23 industrial estates. Verna is largest estate with 539 units, followed by Kundaim having 356. At Panchwadi, a total of 32 units are allocated, but none has begun operation as the estate is yet to be fully operational.
