Chapter II — ESTABLISHMENT OF SPECIAL ECONOMIC ZONE

Section 5Guidelines for notifying Special Economic Zone

Section 5: Guidelines for notifying Special Economic Zone

5. Guidelines for notifying Special Economic Zone

The Central Government, while notifying any area as a Special Economic Zone or an additional area to be included in the Special Economic Zone and discharging its functions under this Act, shall be guided by the following, namely:—

(a)

generation of additional economic activity;

(b)

promotion of exports of goods and services;

(c)

promotion of investment from domestic and foreign sources;

(d)

creation of employment opportunities;

(e)

development of infrastructure facilities; and

(f)

maintenance of sovereignty and integrity of India, the security of the State and friendly relations with foreign States.