To set up a sector specific Special Economic Zone for multi-services sector at Villages Parigi and Serikolum, Mandal Parigi; Village C. KodigePalli, Mandal Madakasira, District Anantapur in the State of Andhra Pradesh.
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Special Economic Zone designation enables development, operation and maintenance by an approved private developer under statutory approval.
Central Government, exercising powers under sub section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the Special Economic Zones Rules, 2006, notifies specified survey numbers in Villages Parigi, Serikolum and C. Kodigepalli, Anantapur District, as a sector specific Special Economic Zone for multi services following satisfaction of requirements under section 3 and issuance of a letter of approval to M/s. Rassai Properties and Industries Limited; total notified area 366.409 hectares.