The Assam Cabinet today cleared the decks for the construction of a five star hotel near the under-construction Tata semiconductor facility at Jagiroad.
A meeting of the Cabinet chaired by Chief Minister Himanta Biswa Sarma in Guwahati this evening approved the draft lease deed proposed to be executed between Assam Industrial Development Corporation Ltd. (AIDC Ltd.) and Indian Hotels Company Limited (IHCL) for constructing a Taj Gateway five-star hotel at Jagiroad.
The proposed hotel aims to enhance hospitality and accommodation options for visiting officials and industrialists linked to the semiconductor plant.
The Assam government has approved the lease of 6 acres of land from the now-defunct Hindustan Paper Corporation Limited’s (HPCL) Nagaon Paper Mill property on the northern side of NH-37 to Indian Hotels Company Limited (IHCL).
The lease, granted for a period of 60 years at government-approved rates, is expected to stimulate further development in the area.
There is also a plan for creation of a satellite township at Jagiroad on the former Hindustan Paper Corporation campus.
“The satellite township will be established on 550 acres of land.
