Engineering SEZ may come up at foundry park in WB
KOLKATA: An engineering Special Economic Zone might come up at the proposed foundry park at Ulberia, West Bengal.
"We have proposed for an engineering SEZ to the Indian Foundry Association at the foundry park and they will take it up formally at their next meeting," EEPC chairman Rakesh Shah said here on Monday on the sidelines of a seminar on prospects of engineering export from eastern region.
The foundry park has been proposed on 600 acres and IFA had already proposed a SEZ.
"A special purpose vehicle would be formed in which EEPC will also be part of it besides IFA and the SEZ developer," Shah said.
The value of export of engineering goods from the eastern region stands at USD 2.9 billion out of a total national export worth around $19 billion.
Representatives from Orissa and Jharkhand had come with their presentations to seek investment. However, there was no representation from West Bengal at the investment seminar.
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