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GMR inks MoUs for manufacturing units to come up at Kakinada SEZ

MoUs were signed by KSEZ with 5 forms for setting up facilities with investment of Rs 7,000 cr

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Kakinada SEZ

BS B2B Bureau Visakhapatnam, Andhra Pradesh

Last Updated : Jan 30 2017 | 3:55 PM IST

Kakinada SEZ Ltd (KSEZ), a subsidiary of GMR Infrastructure Limited (GIL), has signed a series of MoUs with firms interested in setting up manufacturing units at the Kakinada SEZ. MoUs were signed during the CII Partnership Summit 2017 held on January 27-28, 2017 at Visakhapatnam, Andhra Pradesh.

GMR Group is developing an industrial zone, Kakinada SEZ, spread over 8500 acres and an all-weather, multi-cargo, deep water port, with an estimated phase 1 capacity of 16 million tonnes.

One MoU was signed by Gail, HPCL and Government of Andhra Pradesh for setting up of a cracker unit, which will involve investment of Rs

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