Sambalpur, Jan 20 (KNN) Odisha Industrial Infrastructure Development Corporation (IDCO) will soon develop a Micro Small and Medium Enterprises (MSME) Park on the outskirts of the Sambalpur at Basantpur in Odisha.

According to media reports, the said park will be developed on 50 acre of 100-acre land, brought by Idco last year for the development of a new industrial estate at Basantpur.

''The proposed MSME park will be developed over an area of 50-acre land and the rest will be utilised for the development of second industrial estate of Sambalpur,'' said Divisional Head, Idco, Sambalpur Sanjib Kumar Panda.

He further asserted funds for development of the park will be allotted by both Central and state governments adding that, ''plots of 5 decimal and 10 decimal size will be allotted to entrepreneurs, interested to start MSMEs.''

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