Dahej SEZ likely to attract Rs 35,000 crore investment: CEO

AHMEDABAD: The Special Economic Zone at Dahej is expected to attract an investment of around Rs 30,000 to Rs 35,000 crore, chief executive officer of Dahej SEZ R J Shah said.

The Dahej SEZ is shaping well. Land has been allotted to 32 industries there, of which 10 are in advance stage of development, he said.

"We expect the total exports form Dahej SEZ to cross Rs 60,000 crore in another few years down the line, when all the units commence production," R J Shah told newsmen on the sidelines of Confederation of Indian Industry(CII) 3rd Nigeria-India Business and Investment Forum(NIBIF-2010).

Amongst the big ticket investments at Dahej SEZ is the petrochemical complex being set up by ONGC Opal, with a proposed investment of over Rs 20,000 crore, Besides, 1500 MW capacity Torrent Power Plant with an investment of over Rs 8,000 to 10,000 crore is also coming up there, Shah said.

There are large industries in chemical and engineering sector including that of DIC Fine Chemicals and Torrent Pharma, he added.

"One company from US, two from Japan, one from Belgium and one from Germany will also be putting up their plants in Dahej," Shah said.

"So far an investment of over Rs 2,000 crore has been made in this SEZ," he said.