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Government is taking initiative to
attract more investment, policy makers were realized the braw back of
implementing ideology is impartial and its practical problems in bringing
development to the state.
So government is taking initiative for development of
Industrial Zones ,Industrial Parks ,SEZ and Private Business parks.
| Industrial Development Zones
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Industrial Development Zones (IDZ) with
conducive environment and incentives with adequate legal safeguards will be
established in the following locations:
Thiruvananthapuram
Kochi
Kanjikode (Palakkad)
Kozhikode
Besides these, an Industrial Corridor will be developed
between Eloor in Ernakulam and Kochi airport as a Wireless SEZ. All the
benefits enjoyed by the Units within the Special Economic Zone, Kochi and other
parks established by the State Government which are relevant will be extended
to the entrepreneurs investing in the IDZ and Corridor. Besides, engagement of
workers on contract basis in these Zones / Corridor will be enabled based on a
code of conduct to be mutually agreed to between the entrepreneurs and their
employees. Units in these Zones will be declared as public utility service as
per the Industrial Disputes Act. The Zone authorities would have the exclusive
license from KSEB for the retail distribution of power within the zone.
Extensive areas will be brought under these Zones/ Industrial Corridor for
which land acquisition will be initiated immediately by KINFRA. These Zones
shall be developed with the active participation of the private sector with the
involvement of KINFRA and KSIDC on the model of the Positra Special Economic
Zone in Gujarat. The Government shall consider permitting KSIDC/KINFRA in
individual cases to convert the cost of land/built up modules as equity in the
units in the IDZ / the Industrial Corridor.
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| Private Parks |
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Government is supporting private firms also for setting up
Industrial Parks and Public and Private Sector is also joining hand for the
industrial development of the Kerala.
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