Policy Framework

Procedural Ease

Benefits available to the developers

Incentives from AP state Government

Visakhapatnam, being a major growth centre on the east coast of India has an impressive industrial arena. Special Economic  Zones constitute an important element of the export promotion policy in India and the scheme is considered to be an effective instrument for the promotion of exports.

Visakhapatnam Special Economic Zone is located 24 kms. from Visakhapatnam city, the booming industrial city on east coast of India. Visakhapatnam with its abundant natural resources in the hinterland, an impressive array of major industries in the core sectors of steel, fertilizer and oil and an excellent access by rail, road and air make it an ideal city for investment. It has the distinct advantage of location, being equidistant from the major industrial sectors of India. It also has easy access to South East Asia, Japan and Korea.

The vibrant modern port of Visakhapatnam is visited by all the major international shipping lines. Easy availability of managerial, technical, skilled and semi-skilled manpower and peaceful industrial relations add to its advantage. Its low cost of social infrastructure with reputed educational institutions, modern hospitals, housing facilities, recreational centres is comparable to the best in the country. The hospitality of the people make life pleasant and joyful.

Set up in a sprawling 360 acres of prime land on the outskirts of fastest growing city of Visakhapatnam, the Visakhapatnam Special Economic Zone offers state-of-the-art infrastructure coupled with a liberal package of incentives, concessions and support services. The export-friendly administrative set up ensures disposal of all approvals and clearances instantly.

Apart from VSEZ, the Development Commissioner, VSEZ is also the nodal Officer for licensing and monitoring the performance of units set up under EOU scheme in the state of Andhra Pradesh and Union Territory of Yanam.

ADMINISTRATION
The Zone is administered by an office under the Government of India, Ministry of Commerce, headed by The Development Commissioner, IAS; assisted by a Joint Development Commissioner, IAS; Deputy Commissioner, Customs, IRS and other staff.

Single window clearances / Approvals
Single window clearances for the pre and post establishment formalities are offered by the administrative set up of the Zone headed by the Development commissioner. The Zone administration also extends helping hand in getting clearances / approvals from other agencies/ departments of State and Centre, wherever required.

Service as the prime concern
The Zone administration offers the best service towards making the entrepreneur feel at ease.