Jawaharlal Nehru Port Trust (JNPT), is likely to launch its port-based special economic zone (SEZ) project by the third week of this month.
The port-SEZ project will come up with an investment of Rs 1,000 crore and will be developed over an area of 277 ha. JNPT is at present hiring architectural, master planning and engineering design consultants for its multi-purpose SEZ. Land development will be undertaken in the next two months with the help of a consultant.
40 per cent of the proposed SEZ will be earmarked as Free Trade and Warehousing Zone and the remaining will be allocated for electrical, software and other industries.
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