Decision on 12 Goa SEZs June 4

May 5, 2008	(1 votes, average: 5 out of 5)  Loading ...
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The central government will take a decision next month on the 12 approved special economic zones (SEZs) of Goa as the state is up in arms against them. “We will call them (developers) for a hearing at the next meeting June 4 and then will take a decision on those 12 SEZs,” G.K. Pillai, Secretary of the ministry of commerce and industry, told reporters here.

“The Board of Approvals - BOA - (for SEZ) has already issued show-cause notices (to the developers),” Pillai added. So far, three SEZs in Goa have been notified by the government - the Mumbai-based real estate major Raheja’s IT SEZ, pharmaceutical major Cipla’s project, and Peninsula Pharma’s biotech SEZ.

Beside these, four SEZ projects have been formally approved and eight others are in the pipeline. “It’s not possible to cancel the three SEZs. It is a matter which the state government will have to decide… The BOA has requested the state government to have a discussion with the developers and come to an amicable decision,” he said.

On Dec 31, 2007 Goa Chief Minister Digambar Kamat announced the scrapping of all the approved and upcoming SEZ projects following widespread protests in the state.

News Published Under:   Real Estate India, Special Economic Zones |

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