Wednesday, August 13, 2008

Technology-Specific Special Economic Zone - Aug 13 , 2008

Even the ground-levelling work has not begun at the site proposed for the Information Technology-specific Special Economic Zone here, creating doubts among citizens about the status of the ambitious project. A senior ELCOT official, however, said work would begin soon.

The magnesite-rich area spread over almost 66 hectares includes 31.37 hectares for which Burn Standard Company, a public sector undertaking engaged in open-cast mining, has been seeking an extension of lease by another 20 years. The State has, however, turned down the request: the lease expired in June 2001. Chief Minister M. Karunanidhi laid the foundation stone for the zone a year ago.

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