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Saturday, August 2, 2008

Govt approves 29 SEZ plans

The Board of Approval (BoA) for Special Economic Zones (SEZs) today cleared a total of 29 proposals to set up SEZs, including three proposals for conversion of in-principle approvals into formal ones. The Board recommended grant of 23 formal and six in-principle approvals.
Prominent among the formal approvals are four IT/ITeS SEZs in Kerala by Kerala State Information Technology Infrastructure Limited, another two IT/ITeS/electronic hardware SEZs in Andhra Pradesh by Godrej Real Estate Private Limited and S2tech.com. Two more IT/ITeS SEZs were approved to be set up in Gujarat by Strength Real Estate and Gaurinandan Property Holders.

Two biotechnology SEZs in Andhra Pradesh by Lahari Infrastructure and a Biological E were also approved.

An SEZ for non-conventional energy, including solar energy equipment/cell SEZ in Gujarat by Euro Multivision was also granted formal approval.

An engineering SEZ in Tamil Nadu by Township Developers India was converted from in-principal to formal approval.

In-principle approvals were granted among others for a multi-product SEZ in Madhya Pradesh by Reliable Smart City.

The airport and aviation sector, including maintenance, repair and overhaul (MRO) SEZ in Tamil Nadu by Taneja Aerospace and Aviation Limited, was given in-principle nod as also a free trade warehousing zone SEZ in Tamil Nadu by Vikram Logistics and Maritime Services.

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