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DLF Group plans SEZ in Punjab

Saturday, 25 Mar 2006
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The Punjab Government and DLF Universal on 24 March 2006 entered into an MoU to develop a SEZ at Amritsar.

DLF Universal would set up a special economic zone (SEZ) at Amritsar in 1,000 acres or above at an investment of Rs.453.69 crore in five years from the date of handing over the possession of the land. He asserted that the state government would act as a facilitator and the SEZ would be eligible for all benefits under the SEZ Policy of the state.

To boost industrialization, 149 mega projects had been approved by the empowered committee involving an investment of Rs.56,000 crore , thereby generating direct and indirect employment for 10 lakh persons.

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