Gujarat International Finance Tec – City
A Global Financial Hub
Demand For Financial Services In India
Significant Potential:
•
Financial Services Sector transformed over the last decade
•
Sector contributes significantly to the Indian economy
•
Employs over 4 million people
•
Represents around 5% of the GDP
•
Estimated market capitalisation of over US$ 200 billion
•
Offers distinct kinds of opportunities across several product markets
“Given India's continued economic growth, the financial sector will grow
increasingly larger, with a prospect of 10 to 11 million jobs by 2020.”
Need For Finance City In India
“If India builds an International financial
center, with suitable rules and regulations,
the earnings out of financial sector exports
will surpass that of IT”
Percy Mistry, (Fmr) World Bank
“Offshoring industry needs at least five
new ‘Gurgaon’ and five to seven new
‘Pune plus”
Nasscom–McKinsey report
Financial Services Centre’s Contribution
Financial Hubs
Source: IFSL; UK
Share Of GDP
Jobs Share
London
9
5.2
New York
10
5.4
Hong Kong
13
5.5
Singapore
12
5.2
Zurich
10
4.0
Franfurt
5
5.0
Sydney
8
4.0
Tokyo
20
10.0
Dubai
11
N/A
Channel Islands
60
30.0
Luxemburg
30
10.0
% share
Financial Services Will Continue To Contribute
Significantly To The Indian Economy
No. of Jobs
(Thousands)
Core Financial
Services
Capital Markets
& Trading
IT for Financial
Services
ITeS/ BPO for
Financial
Services
2,750-2,900
7,400-7,600
4-5
240-250
175-225
750-850
2020
1,150-1,250
65-75
14-18
2,000-2,200
175-190
6-7
8-10
500-600
Market Capitalisation
(USD Billion)
30-35
0 -1
19-20
Total
2007
Value add to GDP
(USD Billion)
100-120
3-4
25-35
80-90
300-375
11-16
100-150
3,500-3,700
50-75
275-325
10,000-11,000
375-425
1,600-1,800
Source: McKinsey & Company
*Value Add defined as PAT + operating expenses;
**Includes Institutional equities, investment banking, private equity and hedge funds; does not include retail brokerage which
has a potential of 1 million jobs by 2020
India Desperately Needs New Cities
Which Can Thrive On Sustainable Sectors…
CONSTRAINTS
OPPORTUNITY
2
India is a great
Growth Story
with
But is stifled with
problem of
Strong Urbanization
Trends
TOP OF THE MIND SECTORS
•
•
•
•
•
•
•
Auto Ancillaries
Textiles
Gems & Jewellery
Manufacturing
Financial Services
IT/ ITES
BPO/ KPO
• The sector could provide a
potential 10 to 11 million jobs
• About 800 million sq. ft. office
space
• GDP contribution at rates of 15 to
20 %
Infrastructure
Bottlenecks
Innovative way to
overcome these
constraints
Crumbling Urban
Infrastructure
SOLUTION
Setting up Self - sustaining Cities
Which are
Driven by High Growth Sectors
Which are
expected to
• Witness growth of at least 10% in next 10 years
• Have potential to earn both domestic as well as
international income
• Have potential to attract and retain talented
people
Building A Successful Financial Services Centre
DEFINING A SUCCESSFUL FINANCIAL SERVICES CENTRE
A Successful Financial Services Centre Has Six Key Building Blocks:
•
Rational legal regulatory framework
•
Attractive, sustainable local economy
•
Stable political environment
•
Highly developed infrastructure
•
Strategic geographic location
•
Good quality of life
Why Gujarat?
GUJARAT’S STRENGTHS
•
•
•
•
•
•
Traditional business community
High growth economy-- >10 % over last five years
Pool of trained manpower
CAs
Commerce graduates
Active Capital Markets-- >Gujarat contributes 30% of stock market capitalisation
Proactive Government
43% urban population envisioned to be 50% by 2015
KEY COMPETITIVE FACTOR
•
•
•
People - Gujarat has an adequate employable pool and offers high potential for
inward migration
Business Environment - Gujarat has demonstrated successfully its forte of providing
conducive business environment
General Competitiveness - Overall, the state stands tall
Presentation Structure
Gift:
The Value
Proposition
The Value Proposition
GIFT: A Global Financial Hub
•
Globally benchmarked
International Finance Centre
•
Strategically located
•
Central business hub
0.5 Mn direct & 0.5 Mn indirect jobs
•
Targeting Financial Services &
IT/ITeS sectors
•
First of it’s kind development in
scale, scope and quality
•
State-of-the-art infrastructure
Defined Positioning
The Concept
GIFT Aspires To Catalyse India’s Largest Financial
Services Potential By Offering World-class
Infrastructure To Attract Top Talent In The Country
Social Infrastructure:
• International Exhibition Complex
• Educational Institutes
• International and Domestic
schools
• State of the Art Hospital
• Training School
• 5 star Hotels and Business Club
Broadband FTTP
WiFi / Wimax
Shared IT Services
Global Connectivity
Basic Infrastructure:
• Uninterrupted and highly
reliable power supply
(99.999%)
• Next generation water &
waste management,
district cooling
Retail Cum Entertainment Hubs:
• High quality entertainment malls
• Large river front entertainment development
• Over 60% of the green Space
Global Benchmarking
Paris (La
Defense)
Tokyo (Shinjuku)
London
(Dockyards)
GIFT
Pudong
(Lujiazui)
Paris
(La Defense)
Tokyo
(Shinjuku)
Land Area (sq km)
1.6
1.6
1.05
1.7
3.58
Construction Scale (in mn sq m)
2.5
1.6
1.1
4.5
8.5
40
120
50
363
1183
200
250
250
490
410
Greenbelt (in thousand sq m)
Height (m)
London
(Dockyards)
Pudong
(Lujiazui)
GIFT
Source: ECADI/Fairwood Consultants
In terms of scale and sheer physical scope, GIFT is being designed to be at or above par with
presently acknowledged globally benchmarked International Financial Centers (IFCs)
Strategic Location
Centrally located in the state of
Gujarat in Gandhinagar
12km From Ahmedabad
International Airport
On the bank of River Sabarmati
GIFT : A Trigger For Development
•
GIFT a much needed trigger for development and not a stand-alone
real estate
•
About 3,000 acres earmarked for GIFT Expansion Zone around
GIFT
•
Integrated Townships to be developed in surrounding development
zone of 100 SQ KM
•
To be regulated by a dedicated Area Development Authority
ensuring singular control for coherent and sustainable
development
Master Plan Area : Gift Will Spur Development
In The Region
Integrated
Townships
GIFT
Expansion
Zone
GIFT
Knowledge City
GIDC CONVENTION
CENTRE
RIVER FRONT
DEVELOPMENT
GIFT : A Single Window Clearance
• GIFT Urban Development Authority (GIFTUDA) constituted for well planned urban development of the
area.
• GIFT Notified Committee - constituted for the better
management at city level.
GIFT: Bird Eye View
Project Overview
GIFT Project
GIFT Business Structure
Multi Service SEZ with IFSC
Status
Domestic
Finance Centre/ Corporate Office/
Trade Centre
Associated Infrastructure, Housing
and
Social Facilities
GIFT : SEZ - Area Distribution
Zones
Existing
Shahpur
Bridge
Bapasitara
m Junction
SEZ – PA
SEZ – NPA
TOTAL
(SEZ)
Access
Road
DTA
GRAND
TOTAL
DTA
SEZ
PA
SEZ
NPA
Area
53.19 Ha
(131.44 acres)
52.25 Ha
(129.10 acres)
105.44Ha
(261 acres)
252.93 Ha
(625 acres)
358.37 Ha
(886 acres)
GIFT : SEZ
SEZ
Fiscal incentives
Regulatory freedom
Supportive infrastructure
Leading to
• Increased investment; both domestic and foreign
• Increased exports
• Large scale developments
• Low cost manufacturing hubs
• Employment generator for skilled and unskilled workforce
Multi Service SEZ - Processing Area &
Non Processing
PROCESSING AREA
•
•
NON-PROCESSING AREA
International Financial Service
•
Related Commercial and Office Buildings
Centre (IFSC)
•
Service Apartments & Residential Flats
International Techno Park &
•
Hostels and Restaurants and Food Court
International Market Zone
•
Business Hotel, Shopping Centre, Retail
•
Commodity Exchanges
•
Global trading exchanges
•
Training center for Financial Services
•
Insurance
•
Medical Centre
•
Offshore Banking
•
Entertainment Centre/ Theatre
•
IT/ ITeS
•
Post Office, Telephone Exchange, Police
•
KPO/ BPO services
•
Data Centre
Stores and Banks
Station, Security, etc.
•
Regulators Offices
Enclaves And Social Facilities
ENCLAVES
•
Domestic & International Banking
and Insurance Enclave
•
Domestic & International
Technology Enclave
•
Domestic & International Exchange
Enclave
•
SOCIAL FACILITIES
Domestic & International Corporate
Enclave
•
Diamond Tower
•
Global Trade Center
•
Schools (International and CBSE)
•
Clubs
•
Hotels
•
Convention Centre
•
Exhibition Centre
•
Hospital
•
Training Centre (Language School)
•
Low Income Housing
GIFT: Master Plan
Existing
Shahpur
Bridge
Bapasitara
m Junction
Total Area : 3.6 sq km
BUA
: 62 mn.sq.ft.
Additional 30 Million to be developed
after removal of height restriction by AAI
Access
Road
CBSC &
International
Schools
Hospital
Package- Q
Tapas Udyan
Udyan Path
Diamond Tower
Metro Stations
Samruddhi
Sarovar
International
Exhibition &
Convention
Centre
Building Use
Commercial : 67%
Residential : 22%
Social
: 11%
GIFT: Implementation Plan (Phase wise)
GIFT: First Phase Master Plan
s
s
s
Regional Connectivity - Master Plan
GIFT Infrastructure – Physical and Social
Integrated infrastructure for better diversity
Technology ensuring energy conservation
All utilities /services to be coordinated through single agency
INFRASTRUCTURE FACILITIES/
SERVICES
o
o
o
o
o
o
o
o
o
o
Site Development
Roads and Transportation
Water Systems
ICT
Power Generation and Distribution
District Cooling System
Domestic Gas Distribution
Waste Management Systems
Landscaping
Maintenance Systems
Transport Vision
•
•
•
•
High share of public transport
Conflict free traffic movement
Transit oriented development
Combination of external and internal
mass movement systems to achieve the
transport hierarchy
•
•
•
Intelligent Transport System
Aiming for a zero-accident city
Multi Level Car parking along Arterial
Roads
•
Pedestrianised Oriented Internal
Movement
External Transportation
Grid of six external gateways
from NH-8 and State Highway
(Connecting to various areas
of Ahmedabad and
Gandhinagar)
Gandhinagar
GIFT
Bus Rapid Transit System
(BRTS) to GIFT
Metro Rail Transport System
(MRTS) to GIFT
Multi Modal Transport Hub
Ahmedabad
Airport
External Road Connectivity
BY GOG- UNDER PROGRESS
Existing Bridge
Road -ID
Towards
Ratanpur
Road -IA
Road -IB
NH-8
Southern Bridge
Internal Transportation
Major Road
Arterial Road
Sub-Arterial Roads
MRTS corridor
Walkability
through travellators
500 mtrs
Walkability
through travellators
Multi Level Parking (MLP)
Package- Q
MLP-1
MLP-2
MLP-3
MLP-9
Processing Area -SEZ
MLP-4
MLP-5
Non-Processing Area SEZ
GIFT’s
MLP-6
MLP-8
MLP-7
GIFT
MLP-2
E-1
•
•
Total Parking Requirement of GIFT City- 1.2 lakhs ECS
No. of Car Parking in MLP – 60,000 car parks
MLP-2 & 3
SMART Transportation
Interactive road maps
Automatic vehicle location
and tracking
Road condition system
Transit Node Management
Real Time Travel Response
Parking Management
GIFT
GIFT- Road 8C
Ridership analysis
Accident reporting
Vehicle emission monitoring
Safety management
MLP-I
MLP-II
MLP-IV
MLP-III
MLP-V
Asset Management
RWPS and Transmission Mains
Gandhinagar
River Crossing
Master
Balancing
Reservoir
Water
Transmission
Pipeline
WTP
STP
GIFT
Pumping Station
Nabhaoi
Pumping
Station
Water Infrastructure
Raw Water
from Narmada
Canal
Water with
sludge
Reservoir
STP
SMART Water Infrastructure
Utility Monitoring
Waste
Water
WTP
Filtered
Water
RO Plant
Waste
Water
Waste
Water
Horticulture
Softening
Plant
Domestic
Uses
Waste
Water
Makeup for
Water Bodies
Cooling Tower
Metering
Flushing Tower
Quality Water- can be drunk
Leak
Detection
from any tap
Storage of surface run-off &
rain water
Approach towards making
the project water neutral
Drink from Any Tap
Controllers
District Cooling System
Total Cooling Load - 2,70,000 TR
•
•
•
•
Efficiency through economies of scale
Reduces energy costs
DCS Control Centre- Smart Infrastructure
•
•
Reduces maintenance costs
Improves air quality and temperature
Reduces noise and vibration
Simulation of cooling/energy
requirements
•
control
•
•
Monitoring District Cooling Plant System
Analyze interface with distribution/usage
for both the supply and return elements
•
Conventional AC System not required
Evaluation of extensive economic
scenarios
•
Safety Management, Emergency response
Solid Waste Management
•
•
•
•
Maximise resource recovery / minimal emissions
Minimise impact on environment, human intervention, space
requirement, impact on health hazard
No waste visibility
Power neutral
Automatic Collection, Transportation and
Segregation System
• Monitoring
1
1
E-Waste;
Bio-medical, Hazardous
Waste handling system
• Monitoring
Central
Waste Handling Facility
2
3
• Monitoring
Residual
Waste handling, rejects
1.
2.
3.
4.
The waste is thrown into a disposal chute
Computer controlled access
Waste sucked through pipes at a speed of 90 km/hr
Treatment through plasma gasification
Separate Collection Pits
Collection from Public Places
Transportation
Collection
Utility Trench
Power Infrastructure
Underground cabling for power distribution within GIFT
Substation and Distribution Automation
Indoor Substation
1. Gas Insulated Switchgears(GIS) substation for subtransmission and distribution within GIFT
2. Compact substation (CSS) in building
Total Power Requirement- 750 MVA (from dual source)
Emergency Power generation (Gas Based) - 200 MW
Green Power
Power Control Centre
• Power supply monitoring
• Power loss minimization
• Grievance redressal system
• Power consumption
monitoring
and
efficiency
• Emergency Power supply monitoring
Reliability – 99.999% which means outage of 5.3 minutes/annum
Utility Trench Alignment
Utility Crossing
Utility Trench Details
Power
Cables
Power
Cables
Control
Cables
ICT Cables
Fire WTP Treated
DCS Blowdown
Raw water
STP Treated
DCS Supply
AWCS
DCS Return
Raw
water
Access to Trench
Ventilation & Lighting
Fire fighting
GIFT ICT
GIFT Vision
Create a world class financial city by offering an unrivalled business
environment to global and local financial services enterprises.
GIFT ICT Vision
Create leading-edge infrastructure, services and platforms and offer
financial services enterprises a significant competitive advantage to
operate regionally and globally
GIFT will exceed the ICT capabilities of comparable cities
Overtaking
Triple Play
"Place"
1
GIFT
2
DIFC
3
DIC
4
SONGDO
5
New WTC – New York
6
Canary Wharf - London
7
Pudong - Shanghai
8
La-Defense Paris
9
Singapore
10
London Stock Exchange
11
New York Stock Exchange
Smart
Buildings
Faster
Set-up
Competitive
Service
Provision
All Fibre
Mobile/
Wireless
Trading
Sub Sea
Platform Connectivity
Data
Centre
12 Tokyo
Source: Study by British Telecom
Poor
Reasonable
Excellent
Not Applicable
GIFT ICT Vision
GIFT Occupants would have access to following ICT Services
INFRASTRUCTURE
PLATFORMS
SERVICES
• High Speed Fibre
• Financial Extranets
• Data
• Network
• CUG to Exchanges
• Voice
• Diverse Local and
• Voice
• Wi-Fi
• Industry Specific
• Tier-4 Data Centres
International
Connectivity
• Pervasive
Platforms
• Business Continuity
• City e-Portal
• Security
Wireless and
• Sensor Networks
• High Speed Internet
Mobile Network
• IPTV Internet Gateway
• Data Centres
Access
• Monitoring
Smart Vision- Safe and Smart GIFT
Vision:
“Identify the defects and rectify it,
prior to user noticing the problem”
Objectives
• Integration of building, technology and systems
• Energy Management and optimization of costs
• Enhancing facilities operating efficiency
• Real time performance
• Ensuring user safety, security and comfort
Central Command & Control
Control Center
(Transport)
Control Center
Building Package-A
Control Center
(Water)
Control Center
(SWM)
Control Center
Building Package-B
City Control and Command
Center (C4)
Control Center
Building Package-C
Control Center
(DCS)
Control Center Building
Package-nth
Security &
Vigilance
Control Center
• City Command Center would take critical live feeds from all Control Centers
• Enforce Control Centers to take remedial actions in case of emergency
City Command and Control Centre (C4)
• City Command Center would take critical live feeds from all Control Centers
• Enforce Control Centers to take remedial actions in case of emergency
Social Infrastructure
Social Infrastructure
Proposed Location of
Hospital
HOTELS & CLUB
•
•
•
Proposed Location of
Schools
5 Star category Hotels
Total 300 + 300 rooms (total 2 Hotels)
Business Club (with 20 rooms)
Proposed Location of
Hotels
Narsee Monjee Educational TrustSchool
Around 2000 Students
Facility- Language school, Music School, Training
centre for skill development, canteen, Cafeteria, Sports,
Auditorium/Theatre, Internet facilities.
HOSPITAL
•
Medical Zone, Nursing Hostel and
Doctor’s Residences
•
Total 214 beds
Urban Character
Urban Features of GIFT
Picturesque Landscape
Pedestrian friendly
Interactive water features
The central Axis – Boulevard
Building/ Terrace greens
• Each open space to have a
distinct identity and name
• Hierarchy of open spaces
• Streetscape defining roads
• Pleasant walking experience
• Forum for social interaction
Urban Character
• Activity
nodes
interconnecting
buildings and enclaves
• Active street frontage
• Planned space to street vendors
• A.C. elevated walkways
• Humanization of spaces
• Delightful vistas
• Food streets & street bazaars
Golf Course- A Driving range
and 9 holes golf course
Grand Plazas
Green plazas (Activity
Nodes)
Urban Life of GIFT
24x7 facilities at door step
•
•
•
•
•
•
•
•
•
Cafeteria
Easy Shoppe
Recreational amenities
Gymnasium
Exhibition Hall
Convention Centre
Golf Course
Clubs
Sports facilities
High end showrooms
World class convention
centre
Active retail spaces
Cafeteria
Gymnasium
Sports Complex
Urban Landscape of GIFT
Samruddhi Sarovar- An Entertainment Zone
•
•
•
•
•
•
•
Samruddhi
Sarovar
(Master
Balancing
Reservoir)
Food courts: Restaurants, Eateries, Dining
Gathering spaces for concerts and events,
Promenades
Water sport activities
Retail Facilities
Walkers paradise: jogging track, viewing points
Light and Sound show, Fountains, Water Shows
• 2 Schools – International and Domestic Board
• 214 Bed Hospital
• Hotels (5000 rooms)
GIFT Intelligent Buildings
Intelligent Buildings
Provide a technologically advanced
financial services gateway to national
and global financial markets
Create an “integrated city” blueprint
Create global customers
Immediate Emergency Response for
Disaster/Crisis Management
Enables creation of GIS platform for
monitoring of services
Wide range of connectivity
24% saving on building management system
4.5% saving on total build cost
36% saving on operational expenditure
Fire Safety Measures
State-of-the-Art Fire
detection System
Adequate Provision in
the
building
for
quenching of fire
Building 1
Trigger controlled
manually at Building
and
by Central Command
and Control Centre
Building 2
Provision of adequate
logistics
and
fire
fighting system at city
level conducive to
high-rise building
Adequate and effective
evacuation system
Collapsible Bridge- Fire Evacuation
Town Services Management
Administration
Environment
Record
keeping
Social Facilities
Physical
Infrastructure
Town
Services
Management
User relation
ODAS: Online Development Approval System.... (1/2)
ODAS for enabling citizen centric building plan approval through innovative technology
Online development approval system
D.C.
regulations
UDAS
parameters
National
Building
Code
Approval
processes
ODAS is the unique and
innovative way of automatic
scrutiny of building proposal
by reading CAD drawings.
Complex
rules/Bye
laws
Manual
reading of
drawings
End-to-end
traceability
Information
not aligned
Inadequate
citizen
interface
ODAS: Online Development Approval System.... (1/2)
PROJECT IMPLEMENTATION
GIFT Development Framework
GoG
GUDC
IL&FS
Joint Venture Agreement
Objective to plan, design, develop,
finance, construct, operate and maintain
the GIFT Area
GIFTCL
Consultants, Experts
Development
provided
Rights
under
Buildings
Infrastructure
a
agencies to provide a seamless framework.
agreement
Each SPV would be self-sufficient on a stand-
Development
guidelines provided as
alone basis. As a strategy, the Company would
per GDCR and UDAS
consider taking a stake in some of the SPV’s
Unique opportunity for
developers to redefine
their destination
latest technology
Implemented through a series of entities /
Development
To be contracted out by GIFTCL inducting
Urban
Design
aesthetics
maintained
to
and
be
Developers
GIFT SEZ Limited
GIFT District Cooling Systems Limited
GIFT Water Infrastructure Limited
GIFT Waste Management Services Limited
GIFT Power Company Limited
GIFT ICT Services Limited
PHASE 1: Infrastructure
Physical Infrastructure
under implementation
•
•
•
•
•
•
•
•
•
•
Roads
Water supply
Sewerage
Power Supply
Solid Waste System
District Cooling System
Utility Trench
Information Communication Technology (ICT)
Arboriculture and Landscaping
Multi Level Parking (MLP)
Real Estate Development
Development Rights
Plot/ Enclave Boundary
Building Footprint
Illustration Purpose
Building Footprint
Building- 2
BUA- XY Mn Sqft
Building - 1
Footprint size
30 m x 60 m
Built-up Area1 Mn SQ
Building Footprint
Building- 3
BUA- XY Mn Sqft
DEVELOPMENT RIGHTS for the Built-up area are sold
to developer.
Road
Building footprint and built form are given to Developer
to maintain the URBAN DESIGN character of the city
Commercial Towers- GIFT ONE and GIFT TWO by IL&FS
GIFT ONE Tower
No of Floors: 28
Height: 122 mtrs
GIFT TWO Tower
No of Floors: 28
Height: 122 mtrs
Atrium of GIFT ONE Building
STUDIES, APPROVALS & CLEARANCES AND MILESTONES
Project Studies…1
Sl. No.
STUDY
STATUS
1.
Real Estate Market Assessment
COMPLETED
2.
Surveys & Investigations
COMPLETED
3.
Topographical Surveys for 3000 Acres surrounding
GIFT Project
COMPLETED
4.
Environment Impact Assessment
COMPLETED
5.
External Road Connectivity to GIFT for R&B
COMPLETED
6.
River Hydro Modeling Study
COMPLETED
7.
Aeronautical Study by International Civil Aviation
Organization (ICAO) for high-rise clearance
COMPLETED
Project Studies…2
Sl. No.
STUDY
STATUS
8.
Demand Assessment Study for Convention Center
COMPLETED
9.
Satellite Imagery based around GIFT
COMPLETED
10.
Information & Communication Technology (ICT)
COMPLETED
11.
Seismic Study for GIFT Project
COMPLETED
12.
Fencing of Project Area
COMPLETED
13.
Peripheral Earthen Road/Bund
COMPLETED
14.
Site Leveling & Dressing
COMPLETED
Project Approvals & Clearances……..(1/2)
Environment Clearance
Environment Clearance (EC) was procured for entire Project with the help of
IL&FS Ecosmart Ltd.- November 03, 2009
Height Clearance
Aeronautical study – by International Civil Aviation Organization (ICAO)) through
Airport Authority of India (AAI)
Height Clearance upto 122 m- procured for entire project- May 21, 2010
Notification of Multi Services SEZ
Focusing on Financial Services
August 18, 2011
Approval of IFSC
In the notified sector specific SEZ for “Multi Services”
November 28, 2011
Project Approvals & Clearances ……..(2/2)
In-principle approval for extending MRTS to GIFT
June 17, 2009
Notification for change in Landuse Plan with specific building
regulation for Project
October 20, 2011
Allocation of 30 MLD Narmada Water
to GIFT City
February 23, 2012
Project Milestones
S.No.
Description
Month & Year
1
Launch of Phase – 1 (10 mn. Sq.ft )
Jan,2011
2
MoUs worth 11,700 crores signed during Vibrant Gujarat 2011
Jan, 2011
3
MOA with IL&FS for Development of 7.77 mn. Sq.ft in Phase -1 (
Commercial/ Residential & Social Facilites)
Mar, 2011
4
Master Plan
Completed
5
Pre-Construction Activities: Site Leveling & Dressing , Access to Site,
Site Office (Temp)
Completed
6
Construction activities of two High rise commercial buildings by IL&FS
Ongoing
7
Infrastructure works -Road, water, power, Street lighting & area
lighting and DCS
Ongoing
8
Multi Services SEZ, focusing on Financial Services
Notified
Aug ,2011
9
Order of Demarcation (KASEZ/DCO/GIFT/08/2010-11/753) for the
Processing and Non-Processing area of GIFT SEZ.
Dec, 2011
10
SEZ First Unit Approval
Feb 2012
11
Allotment to IITME for development of International
Exhibition Center,
March 2012
Business Opportunities in GIFT…..
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Infrastructure Development
- Participation in development of infrastructure and Social facilities
- District Cooling System
- Power Generation & Distribution
- Multi level Parking Complex
- Water body with entertainment facilities
- Hotel & Club
- Social Amenities- Hospital and Mall
Real Estate
- Commercial and residential high-rise buildings in SEZ and Non-SEZ
area
- International & Domestic Enclaves:
Banking, Insurance, Technology, Corporate, Exchange
Setting up units in the field of the Financial services, BPO, KPO,
IT/ ITES and Capital Markets & Trading