National Investment and Manufacturing Zone (NIMZ) in Prakasam district begins to make progress

nimz prakasam districtThe National Investment and Manufacturing Zone (NIMZ) to give a push to the Make in India campaign is all set to become a reality in Prakasam district. In a significant step in realising the project jointly promoted by the Union and State governments, orders were issued for handing over 1800 acres of contiguous government land in one block to Andhra Pradesh Industrial Infrastructure Corporation(APIIC) .

The project envisaged development of integrated industrial townships with the state-of-the-art physical infrastructure, social infrastructure and skill development facilities. While the State government is responsible for making available land for the project, the Centre will provide infrastructure like rail, road, port and telecommunication connectivity for the big ticket project.

The Centre had sought about 2500 acres (10 sq km) at one place to bring to fruition the first phase of the project with an investment of Rs. 10,899 crore. Once the NIMZ becomes a reality, it is estimated to attract investments to the tune of Rs. 4,37,000 crore, generate jobs to 3 lakh people and earn foreign exchange to the tune of Rs. 24,000 crore.

The district administration had identified close to 12,500 acres of land (50 sq km) for the project in Pamuru and P.C. Palli mandals without displacing any people in the two mandals to turn the district into a manufacturing hub.

As per the new Land Acquisition Act, Social Impact Study will be undertaken now before completing the process of acquiring private lands as also lands assigned to dalits for the mega project to give a push to industrialisation of the district.

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