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Govt approves 3 SEZs in Gujarat

Add comment   |   September 23, 2008    04:07pm   |Contributed by Indian Realty News

The government of India gave green signal to the three proposals for special economic zones (SEZ) in Gujarat. These 3 SEZ projects all together would involve an investment of Rs 12,035 crore. Of the three proposals cleared by The Board of Approval of the Special Economic Zones in it’s meeting one with land in possession received formal go-ahead, while two received in-principle approval.

Two SEZs that have got in-principle green signal are being promoted by former Central Vigilance Commissioner N Vittal. They would involve an investment of Rs. 11,340 crore. The multi-product EMPI Vittal Centre will come up on an area of 1,100 hectare in Gujarat. While one Gujarat SEZ that has got formal approval is Myron Realtor Private Ltd’s Rs. 695-crore IT/ITES/Electronic Hardware and Software zone over 10.93 hectares.

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