Krishnapatnam Port plans to set up SEZ

Krishnapatnam Port in Andhra Pradesh, has plans of developing a special economic zone on 12,000 acre in its vicinity. For this purpose, the company has formed a special purpose vehicle -- Krishnapatnam Infratech Pvt Ltd (KIPL) -- and secured formal approval for the project. According to the mangament, the port currently has about 2,400 acre in its possession and will acquire the remaining in phases. Contact: Krishnapatnam Port. Tel: 040-2355 7196. Fax: 040-2355 7190. E-mail: info@krishnapatnamport.com Website: www.krishnapatnamport.com