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'Dahej SEZ may attract Rs 35K cr investment'

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Press Trust of India Ahmedabad

The Special Economic Zone (SEZ) at Dahej is expected to attract an investment of up to Rs 35,000 crore, its Chief Executive Officer R J Shah said here today.

"Dahej SEZ is shaping well and we expect an investment of around Rs 30,000 crore to Rs 35,000 crore. Land has been allotted to 32 industries there, of which 10 are in advance stages of development," Shah Shah told reporters on the sidelines of a industry chamber CII forum.

"We expect the total exports from Dahej SEZ to cross Rs 60,000 crore in another few years down the line, when all the units commence production," Shah told reporters on the sidelines of a industry chamber CII forum.

 

Among the big ticket investments at Dahej SEZ is the petrochemical complex being set up by ONGC Opal, with a proposed investment of over Rs 20,000 crore. Besides, 1,500 Mw capacity Torrent Power Plant with an investment of over Rs 8,000-10,000 crore is also coming up there, Shah said.

There are large industries in chemical and engineering sector including that of DIC Fine Chemicals and Torrent Pharma, he added.

"One company from US, two from Japan, one from Belgium and one from Germany will also be putting up their plants in Dahej," Shah said.

"So far an investment of over Rs 2,000 crore has been made in this SEZ," he said.

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First Published: Feb 10 2010 | 8:08 PM IST

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