Mangalore Special Economic Zone Ltd corridor to be ready by March next year SEZ News
MANGALORE: The Mangalore Special Economic Zone Ltd (MSEZL) is setting up a 10 km long direct pipeline-cum-road corridor connecting its units to New Mangalore Port. The corridor will not only save cost and time for petrochemical units, but also take pressure off infrastructure.
Rajiv Banga, managing director and chief executive officer, MSEZL while delivering a talk on opportunities for petrochemicals in Karnataka at seminar on chemical, petrochemical and plastic at the recently concluded Global Investors Meet 2012said phase I of the corridor development was expected to be completed by March 2013.
"Various industrial units in MSEZ can avail cluster benefits from a central effluent treatment plant as well as look forward to adequate power supply. A 220 kv sub-station is coming next to MSEZ. The company is offering ready to use graded plots in various sizes also catering to needs of SME sector with normal items of infrastructure to do with water, power distribution, effluent handling, collections and disposal system," he said.
Mangalore SEZ is the only notified sector specific petrochemical SEZ in Karnataka.