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Dholera SIR to host investor conclave before Vibrant Gujarat

Press Trust of India  |  Ahmedabad 

To pitch the Special Investment Region as an investment destination during the next year's Global Summit (VGGS), authorities have planned an investor conclave prior to the event.

"The CM (Vijay Rupani) had said that will be the main investment destination to be projected at the Vibrant Summit of 2019. So we have planned to hold a pre-Vibrant summit in Dholera," said the managing director of Industrial City Development Ltd, Jai Prakash Shivhare, today.

"Several theme-based seminars will be organised three or four months prior to the main biennial event of 2019," he said.

Shivhare was here to attend 'Defence Conclave 2018', organised by the (CII).

Several international players including Lockheed Martin and have shown interest in starting operations in the upcoming industrial city, he said.

The Dholera SIR is around 100 km from Ahmedabad.

Work for the proposed greenfield international airport at Dholera will start this year, Shivhare said.

"The total cost of the international airport project would be Rs 2,125 crore. It will have two runways. Since we have received all required permissions, we expect that the ground-breaking ceremony will take place this year," the IAS officer said.

He urged defence manufacturers to set up plants at Dholera, saying the city has enough land for them.

"In the defence sector, companies require huge tracts of land. They need around 400 to 500 hectares of land. Such large land parcels are not available anywhere (else) in India," he said.

"We have land parcels as large as 750 hectares....we have a world-class infrastructure and all pending works will be finished by September 2019. We are getting many queries from potential investors from the defence sector," he added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 11 2018. 17:45 IST