Rajkot Engineering
Association Had Proposed To State Government To Set Up A Sector
Specific Engineering Special Economic Zone In Rajkot Periphery And
To Take Technical And Other Assistance, REA Made A MOU With A Consultant
Company M/S. Infrastructure Leasing & Financial Services Ltd
., Mumbai , In December 2006.
REA have already received applications
of more than 180 interested parties to set up their units in SEZ.
REA had organized a seminar on SEZ in January-2007 To give complete
information and latest development in rules and its provisions Etc.,
wherein 300 participants were remained presents .
REA made a MOU with Gujarat Government
during vibrant Gujarat 2007, For setting up SEZ project about rupees
750 Crore and expected to give employment to approximately 22500
persons .
REA has set up a special purpose
vehicle (SPV) named REA ECONOMIC ZONE PVT LTD., by preparing a memorandum
& article of association and have already got registration from
the Registrar of Companies, which will act as a developer .
At present , the process of acquiring
land of approximately 110 Hectares are in pipeline for which we
are getting Co-Operation from District Collector and other concerned
officials.
On completion of these formalities,
we shall approach to State Government and subsequently the Board
of Approval (BOA) at Central Government to get final approval .
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