JNPT To Invest 4,000 Cr In SEZ Development, Eyes To Create 72,000 Jobs

India’s number one container handling port Jawaharlal Nehru Port Trust (JNPT) is planning to invest Rs 4,000 crore in its Special Economic Zone to create around 72,600 direct jobs. Eyeing to generate around 1,50,000 total jobs, the JNPT SEZ is being built under the Shipping Ministry’s Sagarmala initiative. While the project will be wholly funded by the JNPT, the housing requirement created by SEZ development will be completed by JNPT and CIDCO.