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GMR Infrastructure’s arm signs MoU with JGC Corporation

12 Oct 2015 Evaluate

GMR Infrastructure's (GMR) subsidiary Kakinada SEZ (KSEZ) has signed a Memorandum of Understanding (MoU) with Japanese Major - JGC Corporation (JGC) for co-developing Japanese Oriented Food Processing Park (Park) at its Kakinada Special Economic Zone.

JGC and GMR will jointly undertake a detailed study for developing and operating the export oriented food processing park catering to various food and agro processing sectors like sea food, fruits & vegetables, pulses & grains, dairy and spices & nuts. The park is planned to be spread over an area of 300 acres having both value added and ready to eat products.

GMR Group has 10,500 acres of industrial region at Kakinada which is strategically situated on the Eastern Coast rich in oil and natural gas deposits. This has an excellent logistical linkages to National Highways, Railway networks, Air and Sea Ports.

GMR Infrastructure is a Bangalore headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets.

 

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