Centre approves mineral SEZ in MP

Published: Friday, May 2, 2008, 12:04 [IST]
 

Bhopal, May 2: The Centre has given formal approval for setting up of a mineral based Special Economic Zone at a cost of Rs 158 crore on about 100 acre land at Hargarh village in Sihora tahsil of Jabalpur district. The SEZ, which was targetted to be operational by 2011, would provide direct and indirect employment to about 11,000 people and would facilitate exports worth Rs 309 crore in the first year and Rs 688 crore in the fifth year, official sources said today.

Infrastructure in the SEZ, the foundation stone of which was laid by Chief Minister Shivraj Singh Chouhan on February 15, would be developed at a cost of Rs 93 crore and other facilities at Rs 45 crore. Industrial units based on marble, fire clay, ceramic products, tiles, stone cutting and polishing, fire bricks, marble statue, marble and granite cutting, iron ore and prophilite diaspore would come up in the SEZ to be developed by Madhya Pradesh Audyogik Vikas Kendra, Jabalpur with the private promoter spending Rs 89 crore.

UNI


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