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Dahej to be delcared Petro-chem Investment Zone
Gandhinagar, Nov 02 (UNI) Dahej in South Gujarat will shortly be declared as Petroleum, Chemicals and Petrochemical Investment Region.
Gujarat Industrial Development Corporation (GIDC) sources said that the corporation has suggested 453 square kms of land for the investment zone at Dahej. Big companies of petroleum and chemicals sector have already been working in this area.
The state government is developing Special Economic Zone for chemicals in this area in collaboration with Oil and Natural Gas Commission.
''If the centre gives its nod for the proposal, the scheme could attract an investment of Rs 50,000 crore and provide employement to around two lakh people,'' the sources said.
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Story first published: Sunday, November 2, 2008, 17:39 [IST]