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Haryana govt, RIL join hands for SEZ

October 17, 2005 15:55 IST
Source:PTI
The Haryana government on Monday agreed in principle to set up a Special Economic Zone in collaboration with Mukesh Ambani-controlled Reliance Industries.

RIL chairman Mukesh Ambani on Monday met with Chief Minister Bhupinder Singh Hooda and other top officials of the state administration in connection with the setting up of the proposed SEZ.

Emerging out of the meeting, Hooda told reporters that the government was in the process of working out the details of the proposed SEZ.

Later on, an official spokesman said that a statement of intent to this effect was signed by Mukesh Ambani and Rajeev Arora, managing director, Haryana State Industrial Development Corporation in the presence of Hooda.

Ambani also called on Punjab Chief Minister Amarinder Singh and discussed future prospects of investment in Punjab, a government spokesman said.

Taking part in the deliberations, Singh said his government was working in the direction to attract and promote more investment in the state to make its economy a dynamic and self-sustaining one.

An empowered committee on mega projects had cleared 60 mega projects so far with an investment of Rs 17,000 crore (Rs 170 billion), he noted.

The chief minister also informed that Punjab had an untapped potential in the fields of agro-processing and bio-technology. Efforts were afoot to promote agro-based industries and BT sector in a big way.

On his part, Mukesh Ambani stressed the need for adding value to agricultural produce to rejuvenate the state's economy.

Source: PTI
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