Dahej SEZ attracts dozen firms after getting MoEF clearance

Last Updated: Thursday, April 8, 2010 - 15:36

Ahmedabad: After getting environmental
clearance from Ministry of Environment and Forest (MoEF),
the Dahej SEZ is likely to attract investment from over a
dozen new companies, a top official said Thursday.

The multi-product SEZ jointly being promoted by ONGC
and state government`s Gujarat Industrial Development
Corporation (GIDC) coming up at Vagra taluka of Bharuch
district in Gujarat got MoEF clearence on March 17.

"After getting the environmental clearance from MoEF
the development here is expected to be at a much faster pace,"
COO Dahej SEZ Limited (DSL) R J Shah told a news agency.

"Close to 40 companies have proposed to invest in the
SEZ so far, and an additional dozen companies inlcuding those
from overseas have approached us to open their facility here
now," Shah said.

Amongst the twelve new firms in talks to set up there
facility here are Tata group firm Rallis India, ABG Shipyard,
Gujarat State Petronet Limited, Subero Organics, Choksi
Colors, Hindustan Ploymer, US-based Crystal Water, he said.

The SEZ is projected to attract an overall investment
of Rs 35,000 crore, Shah said.

Anchor tenant of the SEZ, ONGC Petro addition
Limited (OPal) is setting up country`s largest petrochemical
complex at Dahej, with a proposed investment of close to Rs
13,000 crore.

"The remaining 38 companies are in advanced stage of
setting up their facility here," Shah said adding "Out of
which nearly ten firms are expected to start operations in
2010-2011."

Total exports from Dahej SEZ are projected to cross
Rs 60,000 crore mark in next few years, when all the units
allocated land here begin production, he added.

Dahej SEZ is spread across 1700 hectares, out of
which 1300 hectares is the allocable area, of which 1100
hectares has already been allocated to the industries, he
said.

The companies who have been allocated land have
proposed an investment of over Rs 28,000 crore in the SEZ,
Shah said.

PTI



First Published: Thursday, April 8, 2010 - 15:36
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