Wednesday, October 01, 2008

RCOM CONTRACTS RELIANCE INFRASTRUCTURE TO BUILD SEZ AT DAKC

Mumbai
The Economic Times Hindustan Times Financial Chronicle The Hindu Business Line

Reliance Communications has contracted group company Reliance Infrastructure to implement a Special Economic Zone at Dhirubhai Ambani Knowledge City (DAKC) in Navi Mumbai, its Chairman Anil said on Tuesday.

Speaking at the fourth AGM, Ambani said the company is developing part of the 132-acre campus at DAKC, on the outskirts of Mumbai as a Special Economic Zone focussed on IT and IT-enabled services with a project cost estimated at Rs 1,000-crore.

"All approvals for this project have been received and Reliance Infrastructure has been contracted to implement it over the next few years," he said.

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