The Kandla Special Economic Zone (KASEZ), spread over 700 acres, is planning to collaborate with the Kandla Port Trust (KPT) to develop a multi-point special economic zone (SEZ) in Gujarat.  The plan, jointly developed by KPT and KASEZ, would be submitted to the Centre soon.

The move follows the Union Commerce Ministry’s approval to a proposal submitted by the Cochin Port Trust and the Cochin Special Economic Zone to develop a multi-point SEZ in Kochi.

According to Mr Yogendra Garg, Joint Development Commissioner, Kandla Port Trust, Kandla being the second largest and one of the most happening ports in the country with excellent draft also enjoys the benefits of a SEZ close to it. Most of the lands in the entire Gandhidham city where both the port and the SEZ are located are owned by the KPT.

The two entities are working on a plan wherein KPT would manage most of the activities in the SEZ and KASEZ would only look after the future development aspect.

KASEZ is spread over only 700 acres of land in which the industrial area is located in 620 acres

A few days back KPT had handed over 300 acres of land to KASEZ which will be developed by the later in the next one year and would be treated as part of the KASEZ.

The Kandla port is the only port in the country which enjoys such close proximity with an operational SEZ and if KASEZ is brought under KPT in future, it may provide benefits to both the organisations as well the industry houses, mainly into the exports.