Saturday, April 26, 2008

SEZ for Puducherry to go on stream in two months

The Special Economic Zone evolved for Puducherry would go on stream in two months, for which 309 hectares had been acquired in Sedarapet and Karasur villages near here, according to Industries Minister V Vaithilingam.

The SEZ would promote multi product manufacturing and production activities, he said while referring to members' views on the issue during a debate in the assembly.

He said the administration had disbursed Rs 36 crore as compensation for acquistion of lands. The government was abiding by the Centre`s directives in establishing the SEZ without deviating from it.

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