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Gujarat Hira Bourse to award contract for Surat Diamond Park

Saturday, 10 Mar 2007
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Gujarat Hira Bourse, a consortium of diamond merchants is likely to award contract for implementing 'Surat Diamond Park' in Gujarat. EoIs were invited during May 2006.

Around five entities including L&T, Shapoorji Pallonji, Nagarjuna Construction Company are shortlisted for the project. The project would entail an investment of Rs.200 crore.

The park would spread across 110 acres of land would house more than 250 manufacturing units, shops, offices and showrooms for diamond and jewellery traders. It will also include jewellery training centre, diamond bourse and diamond cutting and polishing units. Ernst & Young has conducted feasibility study for the project.

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