PM to Lay Foundation of JNPT's SEZ on 16th August

By Joseph R. Fonseca
Monday, August 11, 2014
JNPT

 

The Prime Minister Narendra Modi will lay the foundation of a Port- Based Multi-product Special Economic Zone (SEZ) at the prestigious Jawaharlal Nehru Port Trust (JNPT) at Sheva, Navi Mumbai on Saturday, August 16, 2014.

The proposed industrial infrastructure in 277 hectares with a total Public and Private investment of INR 4,000 Crore is planned as a Self-Sustainable Integrated Development Project having a potential of generating 1.5 lakh direct and indirect jobs.

The ambitious SEZ to be developed through JNPT-SPV (Special Purpose Vehicle) under the Engineering, Procurement & Construction (EPC) mode will be completed in three years.

With focus on the collaborating-upcoming sectors of India, the SEZ will develop Free Trade Warehousing Zone, Engineering Goods Sector, Electronics and Hardware Sectors, Non- Conventional Energy Sector, Multi Services (IT and Healthcare) Sectors and Apparel and Textiles Sectors.

Mr. Modi, who will arrive in Mumbai on a day’s visit to Maharashtra, will also lay the foundation of a Port Connectivity Highway Project at the JNPT and also allot land to JNPT Project Affected persons (PAPs) under the 12.5% scheme.

All these projects have been expedited by the Union Minister of Road Transport, Highways & Shipping & Rural Development, Mr. Nitin Gadkari in the last two months.

The Port Connectivity Highway Project with a Civil Cost is Rs.1926.570 Crores will be completed by December 2017. The Ministry of Shipping has decided to execute this Project on (Engineering, Procurement & Construction (EPC) mode through the Special Purpose Vehicle (SPV). The project has been undertaken under the National Highway Development & Port Connectivity Programme of the union government.

Due to the rapid development in the area on account of development of JN Port, JNPT-SEZ, and the proposed International Airport, etc. it was felt necessary to augment the carrying capacity of the existing road network to 6/8 lane configuration by providing improved facilities comprising of flyovers, railway over bridges, interchanges etc for uninterrupted flow of traffic plying on the road network connecting the Port and the National Highways.

Accordingly, it has been proposed to develop the road network to 6/8 lane configuration with service roads. The NH-4B, Amra Marg & SH-54 was developed to a four-lane facility by the National Highways Authority of India (NHAI) through the Special Purpose Vehicle (SPV) comprising of NHAI, JNPT & CIDCO.

Allotment of land under 12.5% scheme to Project Affected Persons (PAPs) of JNPT has been a long pending issue. This has resulted in a number of agitations in the past. Resolution of the dispute was essential for smooth operation and future development of JNPT.

The land owners, whose lands were acquired for JNPT, agitated for allotment of land under the 12.5% scheme as decided by the Government of Maharashtra in respect of land acquired by CIDCO for the Navi Mumbai Project.

A decision was taken to grant the benefit of 12.5% land allotment scheme on humanitarian grounds to the JNPT PAPs, though legally as per the Hon’ble Supreme Court order the Port was not liable to implement 12.5% scheme.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

News

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1836 sec (5 req/sec)