One of the most significant developments over the next
decade that will transform the Mumbai Metropolitan Region
are the two Special Economic Zones - Navi Mumbai & Mumbai
SEZs coming up in the in the MMR. These twin islands of
excellence will provide industrial growth through exports
and FDI, creating world class infrastructure in the region,
building employment opportunities and contributing towards
the decongestion of Mumbai.
Mumbai Special Economic Zones covering 10,000 ha (in the
Panvel, Uran & Pen talukas) is being planned as an industrial
and business city where there is a "walk to work"
concept, with world class infrastructure. The zone will
cover a number of industrial sectors & would also provide
an attractive residential option to those willing to live
outside Mumbai, but close enough for enjoying better living
conditions. MSEZ will be the centre of the Mumbai Economic
Hub & compete with the best in the world in terms of
industry, exports, infrastructure, employment opportunity,
health, hospitality & recreation.
The development of MSEZ will not only boost activity outside
Mumbai but will be instrumental in accelerating the growth
of the Mumbai-Pune belt as well. In a decade's time, the
Mumbai-Pune belt will be the most developed in all of India
in terms of knowledge and industry. MSEZ will have played
a meaningful role in this metamorphosis.
MSEZ along with NMSEZ will provide over 2 million jobs
over the next decade and will attract investments in the
region to the tune of USD 90 billion. This level of investment
and infrastructure development will certainly transform
the fabric of the MMR area as well as Mumbai City.