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    GMR Infra's Kakinada SEZ Signs MoU With JGC Corporation, Japan (Company Update)

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    Shyam Sunder
    1. Kakinada SEZ, a subsidiary of GMR Infrastructure, signed an MOU with Japanese company JGC Corporation to jointly develop a 300-acre Japanese food processing park in Kakinada, Andhra Pradesh. 2. The park will cater to food and agro processing sectors like seafood, fruits and vegetables, pulses and grains, dairy, and spices and will produce both value-added and ready-to-eat products for export. 3. Recent discussions between the Andhra Pradesh CM and Japanese government ministers have encouraged more Japanese investment in India, and various Japanese organizations will support the new food processing park project.

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    GMR Infra's Kakinada SEZ Signs MoU With JGC Corporation, Japan (Company Update)

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    Shyam Sunder
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    1. Kakinada SEZ, a subsidiary of GMR Infrastructure, signed an MOU with Japanese company JGC Corporation to jointly develop a 300-acre Japanese food processing park in Kakinada, Andhra Pradesh. 2. The park will cater to food and agro processing sectors like seafood, fruits and vegetables, pulses and grains, dairy, and spices and will produce both value-added and ready-to-eat products for export. 3. Recent discussions between the Andhra Pradesh CM and Japanese government ministers have encouraged more Japanese investment in India, and various Japanese organizations will support the new food processing park project.

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    GMR Infra's Kakinada SEZ Signs MoU With JGC Corporation, Japan [Company Update]

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    1. Kakinada SEZ, a subsidiary of GMR Infrastructure, signed an MOU with Japanese company JGC Corporation to jointly develop a 300-acre Japanese food processing park in Kakinada, Andhra Pradesh. 2. The park will cater to food and agro processing sectors like seafood, fruits and vegetables, pulses and grains, dairy, and spices and will produce both value-added and ready-to-eat products for export. 3. Recent discussions between the Andhra Pradesh CM and Japanese government ministers have encouraged more Japanese investment in India, and various Japanese organizations will support the new food processing park project.

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    © All Rights Reserved
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    101 views2 pages

    GMR Infra's Kakinada SEZ Signs MoU With JGC Corporation, Japan (Company Update)

    Uploaded by

    Shyam Sunder
    1. Kakinada SEZ, a subsidiary of GMR Infrastructure, signed an MOU with Japanese company JGC Corporation to jointly develop a 300-acre Japanese food processing park in Kakinada, Andhra Pradesh. 2. The park will cater to food and agro processing sectors like seafood, fruits and vegetables, pulses and grains, dairy, and spices and will produce both value-added and ready-to-eat products for export. 3. Recent discussions between the Andhra Pradesh CM and Japanese government ministers have encouraged more Japanese investment in India, and various Japanese organizations will support the new food processing park project.

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    MEDIA RELEASE

    GMR Infras Kakinada SEZ Signs MoU With JGC Corporation, Japan

    JGC Corporation, to co-develop 300 acres of Japanese oriented Food processing


    park in Kakinada, Andhra Pradesh

    New Delhi, October 11, 2015: Kakinada SEZ Pvt. Ltd. (KSEZ), a subsidiary of GMR
    Infrastructure Ltd. (GMR), signed a Memorandum of Understanding (MoU) with Japanese Major
    JGC Corporation (JGC) for co-developing Japanese Oriented Food Processing Park (Park) at its
    Kakinada Special Economic Zone.
    JGC and GMR will jointly undertake a detailed study for developing and operating the export
    oriented food processing park catering to various food and agro processing sectors like sea food,
    fruits & vegetables, pulses & grains, dairy and spices & nuts. The park is planned to be spread
    over an area of 300 acres having both value added and ready to eat products.
    The significant traction built by the governments of India and Japan and the recent discussions
    between the Honble CM of Andhra Pradesh and the Ministry of Economy Trade & Industry (METI),
    Govt. of Japan have persuaded Japanese industry to increase investments in India.
    Various Japanese organizations such as JBIC, JETRO, METI, Ministry of Land Infrastructure &
    Transport (MLIT) & Ministry of Agriculture Forestry & Fisheries (MAFF), Govt. of Japan as well as
    other Japanese financial institutions have expressed their support for this park.
    GMR Group has 10,500 acres of industrial region at Kakinada which is strategically situated on the
    Eastern Coast rich in oil and natural gas deposits., This has an excellent logistical linkages to
    National Highways, Railway networks, Air and Sea Ports.

    About JGC Corporation:


    JGC Corporation is a company head quartered in Yokohama, Japan and has a global turnover of around
    USD 7 Bn. Its business areas are Infrastructure, Engineering & Construction and Technology. JGC has been
    present in India over several decades and their recent investment has been in another Japanese oriented
    industrial park One Hub Chennai, in Tamilnadu.

    About GMR Infrastructure Limited:


    GMR Group is a leading global infrastructure conglomerate with interests in Airport, Energy, Transportation
    and Urban Infrastructure. The group has fifteen power generation projects of which ten are operational and
    five are under development; nine operating road assets and a double rail track line between MughalsaraiNew Bhaupur (Kanpur) of Eastern Dedicated Freight Corridor under development.
    GMR Group developed and operates Indias busiest and currently Worlds No1 Indira Gandhi International
    Airport in New Delhi and Greenfield Rajiv Gandhi international airport at Hyderabad. GMR Infrastructure in
    partnership with Megawide Construction Corporation is developing Mactan Cebu International Airport (MCIA)
    in Philippines. The Group is also developing two Special Investment Regions at Krishnagiri and Kakinada
    and Indias largest Smart Airport City near Hyderabad International Airport.
    GMR Group, through its Corporate Social Responsibility arm, GMR Varalakshmi Foundation, carries out
    community-based development initiatives at 22 different locations in the areas of education; health, hygiene
    and sanitation; empowerment and livelihoods; and community development.

    For further information about GMR Group, visit http://www.gmrgroup.in/index.html

    For Further details, please contact:


    Yuvraj Mehta
    Group Head & VP Corporate Communication
    E mail: [email protected]
    Mobile: +91 8588888272

    Subhendu Ray
    AGM Corporate Communication
    Email: [email protected]
    Mobile: +91 9971544011

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