The Centre has given approval for setting up of Tripura’s first-ever SEZ at Sabroom. The estimated investment in the project will be around Rs 1550 Crore. In an official announcement, the State government shared, ‘A proposal for setting up of the Agro Based Special Economic Zone (SEZ) at Paschim Jalefa, Sabroom was submitted to the Development Commissioner in the centre in June 2019. The Developer for the SEZ was decided to be Tripura Industrial Development Corporation (TIDC) Ltd.’
The proposal involves estimated investment of Rs. 1550 crores and generates estimated employment to the tune of 12000. ‘Rubber based Industries – Tyres, Threads etc, Textile and Apparel Industries, Bamboo Industries and Agri-Food Processing Industries are the industries which will be set up,’ read the statement.
According to State government, setting up of the SEZ at Sabroom would open new avenues and attract private sector investment considering proximity of the Chittagong Port of Bangladesh, which is located relatively closer to the State and construction of the bridge across Feni River in South Tripura is also underway.
Deb tweeted, ‘It is immense pleasure to share the good news with all on the occasion of Durga Puja. Department of Commerce (SEZ), Ministry of Commerce & Industry has given approval in-principle for setting up the first Special Economic Zone (SEZ) at Sabroom in Tripura’.
