ASSOCHAM for at least 3 SEZs in Goa

Margao, March 7 The Associated Chambers of Commerce and Industry of India requested the State government to reconsider its decision on Special Economic Zones and advocated creation of at least of three SEZs, in Goa.

Three SEZs in bio and nano-technology, food processing and solar energy will help Goa attract investments up to Rs 50,000 crore and generate jobs for at least 20,000 youth, in next three years, ASSOCHAM said.

Addressing a press conference, on Friday, ASSOCHAM president, Mr Venugopal Dhoot said that SEZs in bio and nano-technology, food processing and solar energy would not require much land. Secondly it would help the state to prosper economically by attracting huge investments besides providing employment to the youth.

Mr Dhoot said that the controversy on SEZs on IT seems to be justified, as large amount of land was sought to be acquired in the name of IT. But if SEZs in bio, nano and food processing was created it would benefit the state, he added.

The ASSOCHAM president, who is also the chairman of Videocon Industries Ltd, further disclosed that Videocon has purchased around 35 acre of land in the state, near Karmali railway station, at Old Goa.

He said his company was planning to set up a knowledge based industry and a manufacturing unit, in the state.

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  1. […] Goa is the smallest state in the Indian Union is located on its western coast. This erstwhile Portuguese colony is a prime vacation destination for international and Indian tourists alike. Goa borders the Arabian Sea and the states of Maharashtra and Karnataka, and two of its greatest attractions are its laid-back pace of life and its 105 km long coastline, which is made up of several white sand beaches. The Mandovi River divides Goa into the two distinct districts of North and South Goa. The administrative capital of Goa is Panaji which is located in the commercialized area of North Goa. North Goa is the setting for all the main tourist activity, which is concentrated on the dining, shopping and entertainment establishments along the beaches of Baga, Calangute, Anjuna, Candolim etc. However in recent years, South Goa has also seen some planned development in the form of several five star luxury resorts such as the Leela Goa, Taj Exotica and the Park Hyatt. This entry was written by Rajani, posted on March 11, 2008 at 5:59 am, filed under Real Estate Information __(and tagged) Goa, Leela Goa, Mandovi River, Panaji, Park Hyatt, Real Estate, Residential, Taj Exotica, Tourist. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL. « Real Estate International Mortgage Marketing in Brief […]

  2. […] for the earlier couple of months. As per the current details of Associated Chambers of Commerce (ASSOCHAM), rise in these loan rates severely affect the housing […]

  3. […] two options for the seventy eight acre plot — either to develop it as an information technology SEZ or dispose it off completely and release the value of the land. A source close to the company said: […]

  4. […] with Mr Chandra’s grand plan of setting up a 1000 acre entertainment and tourism-related SEZ gone kaput, with objection from the local inhabitants and political parties, the stand alone […]

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