VSEZ is gearing up to set up for software and pharma units

Visakhapatnam, April 2, 2005

Planning to construct a huge complex with two lakh square feet area

Visakhapatnam Special Economic Zone is gearing to set up exclusive zones for software and pharmaceutical units. The Zone surpassed the target of Rs. 540 crores, a remarkable achievement compared with last year’s Rs.435 crores according to the officiating Development Commissioner of VSEP, P.Ramesh Kumar said to reports on Saturday. He said the VSEZ is planning to construct a huge complex with two lakh square feet area to house software units, cashing in on projection of Visakhapatnam as the ideal destination after Hyderabad. The during the last two months, the VSEZA has attracts eight small and medium units of which five have already started their operations.

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