Online edition of India's National Newspaper
Sunday, Apr 06, 2008
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Online edition of India's National Newspaper Sunday, Apr 06, 2008 ePaper | Mobile/PDA Version |
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Tamil Nadu
A. Raja PERAMBALUR: The foundation for the multi-product Special Economic Zone at Perambalur will shortly be laid by Chief Minister M. Karunanidhi after final approval from the Centre, Union Minister for Communication and Information Technology A. Raja said on Saturday. About 2,450 acres had been acquired and registered. Another 550 acres would be acquired before month-end, he told reporters after inspecting the progress of the construction of new buildings for the Bharathidasan University Constituent College and Industrial Training Institute here. The SEZ, a joint venture of GVK Infratech Private Ltd. and TIDCO, will cater to industries such as textile/garments, leather, engineering goods, pharmaceuticals, power, IT/ITES, iron and steel, fertilizer, chemicals, petrochemicals, floriculture, horticulture, electronics and communication. The Board of Approval of the Union Ministry of Commerce had given the project in-principle clearance, and the final approval would be obtained before July, Mr. Raja said. The SEZ might attract about Rs.5,000 crore in investments over seven years. Mr. Raja said the State government’s approval for land acquisition for the ring road around Perambalur was expected soon. The site for the government medical college at Perambalur would soon be identified. Furthermore, Perambalur might get a teacher training institute. A building for the Perambalur Head Post Office would be constructed after acquiring land. An office of the Postal Superintendent would also be set up. Earlier, he inspected the construction of the building for the Bharathidasan University Constituent College, at an estimated cost of Rs.7 crore. An initial allotment of Rs.2.80 crore has been made for the project. He also inspected the construction of the building for the Government Industrial Training Institute, sanctioned at a cost of Rs.1.50 crore. A sum of Rs.50 lakh has been sanctioned from the MP’s Local Area Development Fund, in the first phase, for the project. Mr. Raja said the both the buildings would be ready by May, and the institutions would function from the new buildings from the next academic year.
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