GIFT City: Difference between revisions

GIFT City (edit)

Revision as of 13:23, 31 December 2022

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→‎Location and implementation

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 The city is connected through 4-6 lane State and National Highways. A metro station is also planned for construction, which would connect GIFT City to the [[Ahmedabad Metro]] network, and is expected to be completed by March 2024.<ref>{{cite web|url=http://articles.timesofindia.indiatimes.com/2013-01-10/ahmedabad/36257250_1_gift-city-gujarat-international-finance-tec-city-ramakant-jha |archive-url=https://web.archive.org/web/20131105151056/http://articles.timesofindia.indiatimes.com/2013-01-10/ahmedabad/36257250_1_gift-city-gujarat-international-finance-tec-city-ramakant-jha |url-status=dead |archive-date=2013-11-05 |website=[[The Times of India]] |title= Gujarat International Finance Tec-City to have its own metro stations |access-date=2017-01-03}}</ref><ref>{{Cite web|url=https://www.financialexpress.com/infrastructure/ahmedabad-gandhinagar-metro-rail-work-on-phase-2-of-the-project-to-begin-in-june-2020-details/1767787/|title=Ahmedabad- Metro Rail: Work on phase 2 of the project to begin in June 2020; details|date=2019-11-18|website=The Financial Express|language=en-US|access-date=2020-01-23}}</ref>
-The total area for the development of GIFT is 886 acres out of which the [[Special economic zone|SEZ]] (Special Economic Zone) constitutes 261 acres. The project area under development can hence be classified under the [[Special economic zone|SEZ]] area and the Non-SEZ area (also known as the Domestic Tariff area or the DTA).<ref name="Bloomberg 2022" />
-GIFT City has dedicated Multi Services Special Economic Zone (SEZ) for international operations of various services sectors players. Also within the GIFT Multi Services SEZ, GIFT houses India's first International Financial Services Center (IFSC) approved by the Government of India.<ref name="Bloomberg 2022">{{cite news |last1=Rodrigues |first1=Jeanette |last2=Sircar |first2=Subhadip |title=India’s Free-Market Oasis Aims to Take On Singapore and Dubai |url=https://www.bloomberg.com/news/features/2022-11-29/which-city-will-be-next-singapore-or-dubai-new-india-finance-hub-has-big-plans |access-date=29 November 2022 |work=[[Bloomberg News]] |date=29 November 2022 |language=en}}</ref>
 ==History==