Giant SEZ project worth 8,500 ha on anvil

Kerala Road Upgradation
The government has recently given a go ahead to the Adani Group's proposal for clubbing its three notified SEZs in Gujarat to form a mega multi-product export zone sretching across 8,500 hectares. A decision to this effect was taken by the Board of Approval (BoA), headed by Commerce Secretary Rita Teaotia, in a recent meeting on February 23 for the proposal of Adani Ports & SEZ Ltd for clubbing of APSEZSL - I (multi - product) and APSEZL-II (free trade warehousing zone) with APSEZL - III (multi-product) subject to contiguity being maintained, BoA soures said, claiming that the board has also directed the Development Commissioner of Adani Ports & Special Economic Zone Ltd (APSEZL) to carry out fresh demarcation of procesing and nonprocessing area. The developer, Adani Ports & SEZ Ltd, had stated that they have already put in place a master-plan for the mega multi-product zone. The APSEZ-I, a multi product special economic zone, is operational as on date and it is spread over an area of 6,456.33 hectares. The APSEZ-II, a free trade warehousing zone was notified in March 2012, over an area of 168.41 hectares at Mundra. Similarly, the APSEZ-III, a multi product SEZ was notified in December last year, over an area of 1,856.53 hectares at Mundra. Adani Ports & SEZ Ltd, developer of three SEZs at Mundra, Kutch and that Gujarat had submitted a proposal for clubbing of these three notified SEZs, they added.

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