'SEZ will be ready by next year

A talk on ‘Mangalore SEZ and employment opportunities’ by MSEZ COO A G Pai was organised under the auspices of Mangalore University Chemistry Alumini (MUCA) at Mangalore University campus here on Saturday.

Speaking on the occasion, Pai stressed on the need of having SEZ in Mangalore. Around 2,000 acres have been acquired without disturbing the serenity of Mangalore. Plans have been made to supply water to SEZ from Nethravathi and Gurpura rivers without inundating the agricultural land through vented dams built at intervals. These dams will help in preventing the intrusion of salt water. A respectable compensation was given to the displaced people, he added.

Even though 14 months were lost due to bureaucratic procedures, the SEZ will be ready by next year. SEZ will generate employment for the youth.

MUCA President Apotex Pharmachem India Ltd, Bangalore Managing Director Dr P M Akberali presided over the function. MUCA Secretary Prof B Narayana welcomed the gathering and Treasurer Dr Boja Poojari proposed a vote of thanks.