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¤ Industrial Policy » Industrialization » Special Economic Zone

Special Economic Zone

Section 16.0 :: SPECIAL ECONOMIC ZONE

16.1	Special Economic Zone will be paradise for investors. The investors are made available the land, power, water and communication facilities. A number of tax concessions by the State Government and the Central Government are also offered as incentives. This zone acts as a magnet and over a period creates number of ancillaries.

16.2	The Special Economic Zone would also have an IT Park, Bio-Tech Park, Hotels, Recreation facilities, Housing, etc. with state of the art technology. The State has to act as a catalyst, enabler and enhancer to promote maximum activities through private participation. The establishment of Special Economic Zone would accord a fillip to export promotion. The high quality supporting infrastructure available at SEZ would greatly enhance the investment and economic development of the region.

16.3	Government intends to set up an SEZ along Jamshedpur - Ranchi National Highway corridor on both sides. The area lying within a distance of 5kms on both sides.