Odisha will have a Coastal Employment Zone
at Paradip, which will promote exports and
State Government has shown keen interest
in this regard and has identified the area,
which has been conceived for overall
There is 83,215 acres of land available and of
the total land 19,200 acres has been proposed
for the Phase I of CEZ, said sources.
According to sources, 5924 acres in Paradip
and 1600 acres in Dhamra will be declared as
While CEZ will be headquartered at Paradip,
where one of the major ports of the country
is there, Dhamra Port Zone will be roped in
for the purpose, where largest private port in
East Coast is operating, said an official.
CEZ will be developed through a Special
Purpose Vehicle (SPV), where State
Government will have 51 Percent share and
Centre will be having 49 Percent, said official
SPV shall have the authority to pursue
development of CEZ and monetization of the
land shall be retained within SPV.
Odisha CEZ located in a mineral rich state,
has a strong presence of bulk manufacturing
with most of the steel and coal production
from the region around the port.
Odisha CEZ could emerge as one of the major
hubs for coastal shipping of thermal coal
from Mahanadi Coalfields Limited (MCL) to
the southern states.
It could also coastally ship steel to
Maharashtra, Tamilnadu and Andhra
Pradesh, officials say.
In addition, IOCL has set up a 15 MTPA crude
oil refinery complex in Paradip, close to port.
Beyond petroleum, oil and lubricants, coal,
fertilizer, iron and steel, timber based
industries also hold potential for CEZ, said
Under the National Perspective Plan
developed under Sagarmala Program at least
14 SEZs have been planned, while on the
East Coast Odisha and Andhra Pradesh has
shown interest to set up CEZ, said sources in
The Aayog in its three-year draft action
agenda has suggested that coastal
employment zones (CEZs) will have more
liberal and business-friendly economic
CEZ concept is a Chinese strategy for more
focused approach has better chances of
capturing agglomeration economies and
producing results over a relatively short
The CEZ would provide a business friendly
ecosystem including ease of doing business,
especially, ease of export and import, swift
decisions on applications for environmental
clearances and speedy water and electricity
Apart from conventional infrastructure, the
zones would need to create urban spaces to
house local resident workforce.