Visakhapatnam Steel Plant to set up SEZ

A Special Economic Zone (SEZ) with sole focus on steel production with ancillary and downstream units may be set up by Rashtriya Ispat Nigam Ltd at Visakhapatnam. The aim is to promote industrialisation in the district and improve employment opportunities in the region.

The expansion of the plant at a cost of Rs.8600 crores is scheduled for completion in 2009.


By INRnews Correspondent

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