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  •   Sat, Aug 25 2007 10:18:16 AM

Daijiworld Media Network – Bangalore (NR)

Bangalore, Aug 25: The state cabinet has cleared a proposal to construct a Petrochemical complex near Mangalore, stated informed sources. The decision to set-up the complex in Mangalore was taken after a cabinet meeting of the state government.

According to the domestic industry source, the state government decided to enter the fray for the allotment of a petrochemicals complex after taking into consideration the feasibility of the project. The said petrochemical complex will have an investment outlay of Rs 3,590 crore and is scheduled to be completed by 2026.

This project will create a job potential for over one million people, added sources. The state will submit its proposal to the Centre at the earliest, following the pace of Gujarat, Andhra Pradesh, West Bengal and Orissa.

The source further elatedly informed that "Karnataka will be filing an application with the Central Government for securing the allotment...” very soon.
  

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Comment on this article

  • Gilroy, Mangalore

    Sun, Aug 26 2007

    Did the Government have a courtesy to talk to the locals, who will be displaced and may lose their livelihood? What about the job opportunities to the locals? MRPL did not hire the locals when it was first set up. THe reason they gave was if they hire locals there is a chance of strike. What actions will the petrochemicals will take to preserve the natural wealth of Mangalore and how will ensure the environmental safety?

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