MP to set up three IT SEZs at Rs 2,550 cr with pvt sector
The Madhya Pradesh Government has announced plans to set up three information technology SEZs in Bhopal, Gwalior and Jabalpur in partnership with the private sector and involving an investment of Rs 2,550 crore.
By PTI |
NEW DELHI: The Madhya Pradesh Government has announced plans to set up three information technology SEZs in Bhopal, Gwalior and Jabalpur in partnership with the private sector and involving an investment of Rs 2,550 crore.
The state government, which is implementing the SEZ projects through the Madhya Pradesh State Electronics Development Corporation, has already received approval from the Centre.
"The MPSEDC has already invited expressions of interest from private developers who would be given majority stakes in the special purpose vehicles for these SEZs," an official said.
The IT-SEZ in Bhopal would come up on a 180-acre plot with an investment of Rs 1,500 crore, while the 40-acre Gwalior project is slated to cost Rs 350 crore. The estimated cost of the 90-acre SEZ in Jabalpur is about Rs 750 crore.
The official said the state government is expected to soon get clearance from the Ministry of Environment and Forests after which the projects will take off.
The Madhya Pradesh government wants to develop information technology sector and is seeking investments from IT majors in a host of software and IT-enabled services.
The BJP ruled state is also keen on promoting SEZs and has so far remained free from any opposition against these zones. About 14 SEZ projects have been approved in the state.
The state government, which is implementing the SEZ projects through the Madhya Pradesh State Electronics Development Corporation, has already received approval from the Centre.
"The MPSEDC has already invited expressions of interest from private developers who would be given majority stakes in the special purpose vehicles for these SEZs," an official said.
The IT-SEZ in Bhopal would come up on a 180-acre plot with an investment of Rs 1,500 crore, while the 40-acre Gwalior project is slated to cost Rs 350 crore. The estimated cost of the 90-acre SEZ in Jabalpur is about Rs 750 crore.
The official said the state government is expected to soon get clearance from the Ministry of Environment and Forests after which the projects will take off.
The Madhya Pradesh government wants to develop information technology sector and is seeking investments from IT majors in a host of software and IT-enabled services.
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The BJP ruled state is also keen on promoting SEZs and has so far remained free from any opposition against these zones. About 14 SEZ projects have been approved in the state.
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