Odisha's Capital Region Ring Road: A Catalyst for Economic Growth
The Odisha Chief Minister has expressed gratitude for the approval of an infrastructure project worth Rs 8,307.74 crore. This initiative will alleviate traffic congestion, enhance logistics efficiency, and promote economic growth in Odisha by integrating key highways and facilitating multimodal transport.
- Country:
- India
The Odisha government is celebrating the approval of a major infrastructure project: the Rs 8,307.74 crore Capital Region Ring Road. Touted as a landmark initiative, this project promises to significantly improve traffic flow, logistics efficiency, and economic prospects in the state and the eastern region.
Odisha Chief Minister Mohan Charan Majhi extended his gratitude to the central government officials for approving the 6-Lane Access-Controlled Greenfield Highway. This new route aims to alleviate congestion along the National Highway from Rameshwar to Tangi, which strains the urban centers of Khurda, Bhubaneswar, and Cuttack.
The project's integration with major highways and strategic nodes across Odisha is expected to enhance freight movement and logistics while generating substantial employment opportunities. This ring road will connect economic, social, and logistics hubs, thereby facilitating improved movement of goods and passengers across the region.
(With inputs from agencies.)
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