Date:10/05/2006 URL: http://www.thehindubusinessline.com/2006/05/10/stories/2006051003311900.htm

Back `Many cos keen to set up units in Mangalore SEZ'

Our Bureau

Mangalore , May 9

There are enough opportunities for entrepreneurs to set up their units in the general-purpose multi-product component of Mangalore Special Economic Zone (SEZ), according to Capt J.P. Menezes, Vice-President of Kanara Chamber of Commerce and Industry (KCCI).

Addressing members of the Institute of Engineers, Mangalore chapter, here on Tuesday, Capt Menezes said that many companies from the manufacturing and service sectors have shown interest in setting up their units in the general-purpose multi-product component of SEZ. Some of the pharmaceutical and shipbuilding companies in manufacturing sector, and various service sector companies have shown interest in setting up their units in general-purpose multi-product component of SEZ, he said.

The Mangalore Refinery and Petrochemicals Ltd (MRPL) is the anchor investor in the Mangalore SEZ project. He said that MRPL has envisaged projects such as an LNG terminal, C2-C3 separation units, and aromatic and olefin complexes in the petrochemical component of the SEZ.