JNPT SEZ EYES RS 4,000 CRORE INVESTMENT

NEW DELHI: The Jawaharlal Nehru Port Trust (JNPT), one of the 12 major ports in the country, plans to attract Rs 4,000 crore investments from public and private players for its special economic zone (SEZ), as per a draft proposal.

The Jawaharlal Nehru Port Trust (JNPT) at Navi Mumbai (formerly known as the Nhava Sheva Port) is India's number one container port handling more than half of the container cargo across all major ports in India.

"SEZ is planned to generate about 72,600 direct job opportunities, attract public and private investments of about Rs 4,000 crore, enhance JNPT Port traffic while providing the utmost ease of doing business for investors," as per a report on draft development proposal for JNPT SEZ.

SEZ is planned to generate total employment with multiplier effect to the tune of 1,50,000, it said.