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Foundation stone laid for Tripura's first-ever Special Economic Zone

Chief Minister Biplab Kumar Deb Friday laid the foundation stone for Tripuras first-ever Special Economic Zone (SEZ) at Sabroom, the southernmost town of the state bordering Bangladesh

Tripura | Special economic zone  | Biplab Kumar Deb

Press Trust of India  |  Agartala 

Biplab Kumar Deb
Biplab Kumar Deb | Illustration: Ajay Mohanty

Chief Minister Biplab Kumar Deb

Friday laid the foundation stone for Tripuras first-ever (SEZ) at Sabroom, the southernmost town of the state bordering Bangladesh.

Deb said that with the SEZ, Sabroom, around 120 km from Agartala, would emerge as the commercial capital of the Northeast.

He said the Ministry of Commerce and Industries in December had given the approval for the SEZ, which would be set up at Jalefa in Sabroom subdivision with an investment of Rs 635 crore.

The SEZ would be focussed on four sectors, including agro-based processing such as food processing, rubber, bamboo and textile sector.

Deb said an integrated check post would also be set up for the smooth movement of passengers and goods.

This SEZ, which would make a self-reliant state, would generate around 5,000 jobs, and the farmers and traders would benefit from it the most," he said.

In a video message, Railway Minister Piyush Goyal said that the Centre along with the state government is working to develop and the Northeast.

A bridge on the Feni river which would be completed by December this year would connect Sabroom with Chittagong in Bangladesh, officials said.

The bridge would connect Sabroom to Chittagong port, helping it emerge as a logistics hub, they said.

shares an 856-km-long international border with Bangladesh.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sat, September 12 2020. 07:38 IST