Clause 13

to carry on all activities, the carrying on of which appears to the Corporation to be necessary, advantageous or convenient for or in connection with the discharge of its said duty;

to promote the carrying on of any such activities by other bodies or persons;

to carry on such activities in association with other bodies or persons, including departments or authorities of the Government;

to purchase, acquire or lease any land required for the purpose of the discharge of its duties under this Act;

to sell or lease land for the purposes of industrial sites, for the housing of employees or for general economic development;

to lay out industrial sites for sale or lease;

to provide technical advice and assistance to industrial enterprises and businesses in the industrial estates and to build up a corps of engineering and managerial staff to provide such assistance;

to prepare and execute proposals, plans and projects for the erection, conversion, improvement and extension of any building for sale, lease, rental or other purpose;

to provide and maintain housing accommodation including convalescent or holiday houses for employees of the Corporation, to provide and maintain for such employees clubs and playing fields and to provide educational facilities for them; to grant loans to such employees or to act as guarantor for loans taken by them, to enable them to purchase their own houses and vehicles; and to award scholarships or to give loans to such employees to obtain professional, technical or other training.