BUSINESS

11 SEZs sanctioned in Kerala

Source:PTI
March 05, 2007 12:40 IST

A total of 11 special economic zones had been sanctioned in Kerala, Chief Minister V S Achuthanandan informed the state assembly on Friday.

Most of these, sanctioned under the SEZs Act 2005, are promoted by public sector facilitators like Kinfra, Technopark and Cochin Port Trust, he said in a reply furnished in the house.

They would enjoy concessions like exemption in civic taxes and electricity tax prescribed by the SEZs Act. Besides, the state would provide them with basic requirements like electricity

and water.

All the labour laws under Industrial Disputes Act were also applicable in the SEZs, but their enforcement would be entrusted to a development commissioner in each SEZ.

The SEZs for which sanction had been given ainclude: Cochin Port Trust, Vallarpadom (multiproducts), Kinfra, Kakkancherry (food processing), Kinfra, Kazhakkoottam (IT), Technopark, Thiruvananthapuram (IT), Smartcity, Kochi (IT), Sutherland Global Services, Kalamassery (IT), Kinfra, Kochi (electronics) and Unitech Realestate, Kunnathunadu (IT).

Source: PTI
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