Lok Sabha Debates
Need To Allocate Adequate Funds For Infrastructural Development In Special ... on 24 August, 2013
> Title: Need to allocate adequate funds for infrastructural development in Special Economic Zone (SEZ) at Nanguneri, Tamil Nadu.
SHRI S.S. RAMASUBBU (TIRUNELVELI): The Nanguneri Special Economic Zone (SEZ) has been set up in Nanguneri Town, Tirunelveli District, Tamilnadu. This project is worth around Rs.14,000 crore and the land required for establishing it has been acquired. Various industries that would be established in Nanguneri SEZ are consumer goods, electronic durables, IT, Pharmaceuticals, light engineering, biotechnology, telecommunication, power plants, sewage and water treatment plants. Pharmacy Park also would be set up in the SEZ which is expected to provide employment to about 3,000 people and it is estimated that it would manufacture drugs worth around Rs. 500 crore. Nanguneri SEZ would have all the world-class standard facilities that are required by the units that function in a SEZ. It will be very attractive if investments are made in southern districts of Tamil Nadu as it will decongest the crowded Chennai and its surrounding areas.
However, the progress of setting up of said SEZ is very slow. Though 2,520 acres had been acquired for the project, it is doubtful whether the first phase on 400 acres would be ready in the near future. Nanguneri is well connected with Tuticorin Airport/Port, railways and 4- lane NH. However, the infrastructure within the SEZ is bare minimum and the situation remains the same for the last 11 years. The promoters and entrepreneurs are not having adequate resources to invest for infrastructural facilities within the SEZ. If the SEZ is merged with National Investment and Manufacturing Zone (NIMZ), there will be much potential for investment and full utilization of the SEZ.
Keeping in view the above, I humbly urge upon the Union Government to take necessary steps for allocation of adequate funds for the development of infrastructure at Nanguneri SEZ and to expedite the above project.