PM Modi to lay foundation of SEZ at JNPT
Source: http://www.portwings.in/ports/pm-modi-to-lay-foundation-of-sez-at-jnpt/ Mumbai: Port Wings News Bureau: The Prime Minister Mr 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. According to a media statement, the infrastructure project is to be established on 277 hectares with a total Public and Private investment of about Rs 4,000 Crore. Besides, the project, being planned as a Self-Sustainable Integrated Development Project, has 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, Electro...
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