https://www.taxtmi.com/news?id=29749 Formation of a Special Purpose Vehicle, Bihar Integrated Manufacturing City Gaya Ltd, centralises execution of the integrated manufacturing cluster with land in state possession and necessary approvals to commence construction. The SPV's remit includes delivery of internal roads, power substations, water and sewage treatment, waste management, skill centres, commercial and administrative facilities. Governance rests on a shareholders agreement and a State Support Agreement, with equal state and central board representation and the state industrial authority's Managing Director as CEO & MD, intended to streamline implementation and attract investment and employment. en-us Wed, 08 Jan 2025 16:16:03 +0530 Wed, 08 Jan 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29749 Formation of a Special Purpose Vehicle, Bihar Integrated Manufacturing City Gaya Ltd, centralises execution of the integrated manufacturing cluster with land in state possession and necessary approvals to commence construction. The SPV's remit includes delivery of internal roads, power substations, water and sewage treatment, waste management, skill centres, commercial and administrative facilities. Governance rests on a shareholders agreement and a State Support Agreement, with equal state and central board representation and the state industrial authority's Managing Director as CEO & MD, intended to streamline implementation and attract investment and employment. News - Wed, 08 Jan 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=29749