Powers of the Board

The Board may exercise the following powers, namely:-(1) For the promotion of economic, social and infrastructure development:-(a) to promote economic and industrial development, to coordinate with various departments and to provide support for the realization of the goals; (b) to act as the primary nodal agency for the State, and to coordinate with national and international agencies, organizations, and financial institutions; (c) to ensure the sustainable and orderly development of all economic and infrastructure projects, and to provide assistance for the implementation of such projects; (d) to promote and facilitate the development of all economic and infrastructure projects, and to provide technical assistance and advice to the Government; (e) to provide for the protection of all intellectual property, and to assist in the development of skills; (f) to provide for the implementation of such other functions as may be assigned by the Government; (2) For the management and development of infrastructure, including:-(a) to ensure the sustainable and orderly development of infrastructure, and to provide support to the relevant departments and agencies for the implementation of projects; (b) to provide the necessary support for the development of economic and infrastructure projects, and to ensure the compliance of all legal and environmental requirements; (3) To maintain records, registers and other documents related to the projects and other relevant matters; (4) The Board may also:-(a) enter into contracts, agreements and memoranda of understanding; (b) own, lease, hold or dispose of any property; (5) The Board may also initiate any other measures or steps as may be necessary for the promotion of the economic development of the State.