The Government of Odisha have set up a Trust namely "Odisha Urban Infrastructure Development Fund (OUIDF)" in the Housing & Urban Development for the purpose of developing and financing Infrastructure Projects under taken by Urban Local Bodies, Statutory Bodies, Public Sector Undertakings and Private Investors and attract inter alia, investments, professional advice from institutions for financing infrastructure projects.
The Board of Trustees is headed by the Chief Secretary with six other Trustees to collectively manage and administer the affairs of the Trust and Trust Funds.
I. To give financial and other assistance to Urban Local Bodies, Statutory Boards and Departments, Public Sector Undertakings and Private Investors or setting up infrastructure projects in the State of Odisha as per the guidelines issued by the Trust. The ultimate goal of the trust is to become financially self-sustainable...
