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e Edition August'10

Nagaland to Get the 1st SEZ in NE India

The state government of Nagaland is planning to set up an agro and food processing Special Economic zone (SEZ). This will be the first ever SEZ in North east India. This SEZ will be set up in the Export Promotion Industrial Park (EPIP) which is non-functional now. The Union ministry of commerce and industry notified 50.70 hectare in Ganeshnagar under Dhansiri sub-division in Dimapur district as a Special Economic Zone, on July 9.

The investment for the SEZ is jointly made by the state government and Nagaland Industrial Development Corporation Ltd (NIDC). The INR 35cr project will be developed within the shortest possible timeframe. Already, an MoU has been signed up with a Korean firm which will set up ginger processing units. A number of other players from the agro and food processing sector are showing keen interest in investing in the SEZ.

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