Mr. Bhaskarachar says Ennore Port looking at setting up an SEZ.

Mr. MA Bhaskarachar CMD of Kamarajar Port said that Kamarajar Port Limited is exploring the possibility of setting up a Special Economic Zone or a Free Trade Zone on surplus land available with it.

Mr. Bhaskarachar said that the port at Ennore, about 25 kilometer north of Chennai, is considering various options to utilise over 650 acres land that is available with it. It has decided to appoint consultants to study the prospects of setting up a special economic zone or free trading zone. It is also consulting with port users and has obtained five Expressions of Interest from some of the major users.

The port is one of three major ports in Chennai, including the Chennai Port and a private port at Kattupalli near Ennore. Kamarajar Port is in the process of reducing port user charges to be competitive. It had slashed rates a couple of years back and with increasing volumes of cargo handled, it is passing on the benefit of economies of scale.

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