18,000 acres acquired for SEZs

Image
BS Reporter Chennai/ Hyderabad
Last Updated : Jan 29 2013 | 1:55 AM IST

An extent of 18,000 acres has been acquired so far for setting up special economic zones (SEZs) in Andhra Pradesh. Of this, 15,000 acres, including 11,274 acres of patta land and 4,000 acres of government land, has been acquired by the AP Industrial Infrastructure Corporation (APIIC).

Private developers have acquired the balance 2,700 and odd acres, according to major industries minister J Geeta Reddy.

Disclosing this at a press conference here on Wednesday, she said the land acquired for SEZs was negligible considering that the cropped area in the state was of the order of 30 million acres.

Besides, care has been taken to acquire dry land to the extent possible. Of the patta land acquired, 9451 acres was dry land.

The SEZs in the state would provide direct and indirect employment to 2.5 million people.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 07 2008 | 12:00 AM IST

Next Story