Press Releases

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Date : Feb 29, 2012
ECB for infrastructure facilities within NMIZ

As per the extant guidelines, developers of Special Economic Zones (SEZ) are allowed to avail of External Commercial Borrowings (ECBs) under the approval route for providing infrastructure facilities, as defined under the extant ECB policy within the SEZ.

Keeping in view the infrastructural needs of the proposed National Manufacturing Investment Zones (NMIZs), it has now been decided to allow developers of NMIZ also to avail of ECB under the "approval route" for providing infrastructure facilities, as defined under the extant ECB policy within the NMIZ. The details are given vide the A.P. (DIR Series) Circular No. 85 dated February 29, 2012.

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/1394

Related Notification

Feb 29, 2012

ECBs for Infrastructure facilities within National Manufacturing Investment Zone


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