The Dubai World has announced Rs2,600 crore investment to develop Kulpi port and for building a special economic zone in West Bengal.
The SEZ would stretch over 2,500 acres while the port would acquire 700 acres.
It would take two, three years for the completion of the project. The multi-product SEZ would host textiles, logistics and agro industries besides other products.
In a press conference Sultan Ahmed bin Sulayem, Chairman of Dubai World said that the port and the SEZ would provide a long awaited infrastructure to local producers and traders and create 45,000 jobs.
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