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Special Economic zone
A new SEZ of 2086 hectares, largest multi-product SEZ in India, would be built along side the airport. Out of 2086 hectares, 1472 hectares would be used by various processing units to be set-up and remaining 614 hectares for service sector unit. Like all SEZs it will have financial incentives and soft taxation policy to attract investment. The initial set-up material for these units and later raw material will be duty-free. Major sections of SEZ would be -
* Information technology park spread over 500 hectares and would include all necessary infrastructure for IT companies. * Health city spread over 40 hectares that will have multi-specialty hospitals along with training institutes for nurses and medical technicials. * Manufacturing industry unit that would include industries from sectors like textile and garment, gems and jewelry, food processing, pharmaceuticals and bio-medical. It would also have units for finance and insurance service companies.
SEZ will have residential zone adjoining it to take advantage of the various developments in SEZ. An international school would impart education to MIHAN employee children. It would have other recreational facilities like golf course, flying club, multiplex theatre complex.
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