Home » News » Four SEZs announced near Agra

Four SEZs announced near Agra

Four integrated special economic zones (SEZs) will be developed on 10,500 hectares near Agra. These SEZs are expected to support the rise in economic activity when commercial operations start at the Noida International Airport in October.
Facebook
Twitter
LinkedIn
WhatsApp
Email

Source: TNN

The Yamuna Expressway Industrial Development Authority (YEIDA) will be undertaking the development of these SEZs.

YEIDA officials said the SEZs would house electronics and electric vehicle manufacturing clusters and data centres, which will operate as independent townships with residential, commercial, and institutional facilities for employees and workers developed around them.

The YEIDA board, during a meeting on Monday, approved the project within a one-and-a-half km radius on both sides of the Yamuna Expressway near Agra. A consultant, said officials, has been directed to submit a master plan within the next two months.

YEIDA CEO Arun Vir Singh said, “The SEZs or industrial townships will feature significant green spaces, and we will only allow non-polluting industries, given the zone is environmentally sensitive.”

There will be special attention on developing the tourism and hospitality sector in the region, as well, due to its proximity to the Taj Mahal and other tourist destinations, said officials.

Industries will take up 25% of the land, residential areas 20%, recreational green spaces 17%, transportation facilities 13%, institutional and tourism areas 7% each, commercial areas 4%, and others 7%.

On Monday, the YEIDA board approved an aviation hub, as well, on 1,050 hectares near the upcoming airport along the YXP. The Authority will soon hire a consultant to prepare a detailed project report. Industries manufacturing planes, engines, and spare parts will come up in the hub.

In another significant development, the board allocated 125 acres in Sector 28 for a semiconductor park that the Hiranandani Group is ready to set up. Earlier, the Authority had set aside 91 acres for the park, but the board gave its in-principle approval to the changes in the layout.

Singh said Tarq Semiconductors Private Limited under the Hiranandani Group had filed an application with the Central government under the Indian Semiconductor Mission (ISM) scheme in April last year, and the minimum land requirement is 125 acres under the scheme.

“Of the 125 acres, 114 acres will be designated for industries and 11 acres for green spaces where no construction will be allowed. The company will get the land after approvals from the Centre and the UP Cabinet,” said the YEIDA CEO.

Facebook
Twitter
LinkedIn
WhatsApp
Email

Subscribe to Our Newsletter

One Ocean Maritime Media Private Limited
Email
Name
Share your views in comments