CHANDIGARH (Zee News) - Reliance Industries today entered a pact with Haryana for setting up an over Rs 25,000 crore multi-product Special Economic Zone, India's largest, that is expected to attract investments from fortune 500 companies.

Immediately after signing the deal for the SEZ, where RIL seeks to attract third party investments to the tune of Rs 1,00,000 crore, group chairman Mukesh Ambani told reporters that the project, which would house a cargo airport and a 2,000 MW power project, would be comparable to those in global investment destinations- China, Malaysia and Singapore.

"The multi-product SEZ will be developed as a world-class hub for manufacturing, services and agro-based industries in the most competitive environment," he said in a joint press conference with Haryana Chief Minister...

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Posted by rjorr at June 19, 2006 10:02 AM