Gujarat government puts Dahej PCPIR on fast track

18-Oct-10

The Gujarat government has decided to put the Petroleum, Chemical and Petrochemical Investment Region (PCPIR) at Dahej on the fast track, advancing date to achieve US$20 bln investments from 2020 to 2015. The union government has set a target to achieve US $20 billion in investments in the PCPIR by 2020, while the state government aspires to achieve this figure by 2015, and double it by 2020. Preliminary work has been completed in Dahej over a 453 sq km area. Rs 3,200 crore will be spent on infrastructure development, while another Rs 70,000 crore will be invested in other establishments.