 "Work on SEZ at JNPT to begin from August 16")
Prime Minister Narendra Modi will lay the foundation of a port-based multi-product special economic zone (SEZ) at the Jawaharlal Nehru Port Trust (JNPT) at Sheva, Navi Mumbai, on Saturday, August 16, 2014. This industrial infrastructure project is to be established on 277 hectares with a total public and private investment of about Rs 4,000 crore. This is being planned as a self-sustainable integrated development project having a potential of generating over 1.5 lakh direct and indirect jobs.
The ambitious SEZ to be developed through JNPT-SPV (Special Purpose Vehicle) under the engineering, procurement & construction (EPC) mode is scheduled to be completed within three years. With a focus on the upcoming sectors of India, the SEZ will develop free trade warehousing zone, engineering goods sector, electronics and hardware sectors, non- conventional energy sector, multi services (IT and healthcare) sectors and apparel and textiles sectors.
Modi is also scheduled to lay the foundation of a Port Connectivity Highway Project at the JNPT and also allot land to the JNPT Project Affected Persons (PAPs) under the 12.5% scheme of Maharashtra government implemented by the City and Industrial Development Corporation of Maharashtra Ltd.
The ambitious SEZ to be developed through JNPT-SPV (Special Purpose Vehicle) under the engineering, procurement & construction (EPC) mode is scheduled to be completed within three years. With a focus on the upcoming sectors of India, the SEZ will develop free trade warehousing zone, engineering goods sector, electronics and hardware sectors, non- conventional energy sector, multi services (IT and healthcare) sectors and apparel and textiles sectors.
Modi is also scheduled to lay the foundation of a Port Connectivity Highway Project at the JNPT and also allot land to the JNPT Project Affected Persons (PAPs) under the 12.5% scheme of Maharashtra government implemented by the City and Industrial Development Corporation of Maharashtra Ltd.