TIRUNELVELI: It is indeed a good news for south Tamil Nadu. The AMRL International Tech City Limited, a joint venture of Tamil Nadu Industrial Development Corporation (TIDCO), floated to establish the Nanguneri Multi-Product Special Economic Zone in Tirunelveli district, is all set to complete the first phase of infrastructure development on 30 acres of the industrial zone of the 2,520 acre-SEZ by September.
"Since we'll also complete the second phase of infrastructure development by December, some of the companies we've identified so far will start their production soon and the first consignment of products from this SEZ will be exported before March 31, 2011," U. Shiv Prakash, Chief Executive Officer, AMRL International Tech City, told ‘The Hindu.'
While the AMRL has already sold 17 acres to a few companies, deal for selling another 50 acres is to be finalised during this month.
"We've received very good response from fine chemical manufacturing units of Coimbatore and Mumbai-based precision engineering companies. To establish its unit, a television company has approached us for 10 acres of land and two Dubai-based firms, producing heating elements, ventilators and filters, are also about to enter this SEZ," Mr. Shiv Prakash informed.
Even as an intensive programme has been launched across the country to woo potential investors to the Nanguneri SEZ through promotional road shows, a high-level AMRL International Tech City delegation is all set to leave for Australia, Taiwan, China and Japan to identify ‘anchor clients' with an eye to attract hefty investments. Mr. Shiv Prakash is satisfied with the State Government's yearning for realising the dream of having the SEZ at Nanguneri.
"The government is so helpful to us and it is ready to help us on case-to-case basis by extending all possible assistance," the CEO noted.
There is a plan to revive all ponds and wells falling within the campus for effective rainwater harvesting though the TWAD Board has assured to supply 32 million litres of water a day from the Tamirabharani.
Moreover, a star hotel, an international school, a golf course and a shopping mall will be started at the complex.
"We intend to develop the SEZ in a phased manner based on demand. Within the next 1,825 days (before 2015-end), this SEZ will be a heaven on earth with non-polluting industries and excellent social infrastructure," Mr. Shiv Prakash assured.
Source: The Hundu, dated Aug 10, 2010
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