About us Subscription | Guest Book | Contact us


News & Views on the Revolutionary Left

AP's 10 SEZs on fast track-Hyderabad

HYDERABAD: At least 10 Special Economic Zones (SEZs) from Andhra Pradesh are expected to figure in the 83 projects that the Centre's Empowered Group of Ministers (EGoM) cleared for notification at its meeting in New Delhi on Thursday.

These projects, for which land has been acquired but the notification kept on hold by the Centre due to the land acquisition controversy created by the Nandigram incidents in West Bengal, will take off full steam now, a state government official told TOI.

With the group of ministers (GoM) having cleared the 83 projects, the notifications are expected to be issued in a week's time by the Union commerce ministry.

The major project which will get an impetus is the Brandix textile SEZ in Visakhapatnam. Having already employed about 500 people, the Brandix India Apparel City Private Limited with an area of 404.70 hectares, had been threatening to pull out unless the notification comes about soon so that construction work could begin.

Another major project that is expected to be cleared is the ONGC-promoted port-based multi-product SEZ in Kakinada.
Several IT SEZs from the state are to be notified following the central clearance on Thursday.

These include the 16.29 hectare Raheja IT/ITES SEZ in Madhapur (Ranga Reddy district), the 10.62 hectare DLF IT/ITES SEZ also in Ranga Reddy district, the 10 hectare AP Techno Projects Pvt Ltd IT/ITES SEZ in Hyderabad, the 10.52 hectare IT/ITES SEZ of Satyam Computer Services Ltd in Bahadurapalli, Hyderabad, another 12.14 hectare Satyam SEZ in Hyderabad, and three IT/ITES SEZs promoted by Maytas Properties Pvt Ltd in Qutbullapur, RR district (29.85 hectares); in Medchal mandal, RR district (14.16 hectares); and Serilingampally in RR district (15.92 hectares).

According to state government officials, the notification of these SEZs would give a great fillip to the industrial and IT growth of the state.

"Even before the notification, a major IT major has booked huge space in the Raheja SEZ. Similarly, construction is almost complete on one of the SEZ's promoted by Satyam. Once the notification comes, there will be a boom in IT and industrial activity in the state," an official said.

The Telegraph

Labels: , ,

posted by Resistance 4/07/2007 09:16:00 AM,


Post a Comment

<< Home

Previous posts

Previous posts

Posts(atom) Home