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Navi Mumbai Special Economic Zone

The Navi Mumbai SEZ (NMSEZ) is spread over an area of around 50 square kilometers. NMSEZ has inherent locational advantages on account of its proximity to Mumbai - India's financial and commercial capital. The SEZ has access to well-developed road and rail linkages as well as one of India's largest and most modern seaport - Jawaharlal Nehru Port Trust ("JNPT"). The zone is also located in close proximity to other large industrial areas, providing access to several feeder industries. Further, its location on the Pune-Mumbai-Thane knowledge corridor provides it with instant access to skilled manpower in the region.
.The NMSEZ project is proposed to be executed through a Special Purpose Vehicle ("SPV").
The total area available for development of NMSEZ is around 4,377 hectares (ha) (including 1,850 ha of regional park zone). The capital cost of the entire project is estimated at Rs 26 billion (around USD 520 million). CIDCO envisages a scalable development plan wherein the project can be developed in viable phases to optimise the project returns.

 

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