Government of India have notified Special Economic Zones (SEZs) Act 2005 and notified Special Economic Zone Rules 2006 on 10/02/2006 with a view to augmenting infrastructure facilities for export production. Setting up of Special Economic Zones are permitted in the public, private, joint sector or by the State Governments. These SEZs are to be deemed foreign territory for tariff and trade operations. The concept of SEZ is expected to bring large dividends to the State in terms of economic and industrial development and the generation of new employment opportunities. The SEZs are expected to be engines for economic growth.

Government of India has given special attention for development and creating infrastructure in SEZ Rule 2006 by reducing minimum requirement of land, for certain category of States including Goa.

The Central Government has offered various incentives and facilities both to the developer of SEZ as well as the industrial units coming up in SEZ. All kind of units namely manufacturing, trading or service activities are permitted in SEZ. All approvals are to be given by the Development Commissioner appointed by Govt. of India for establishment of the units in SEZ. The State Governments are required under the scheme to offer specified facilities and concessions for promotion of units in SEZs.

In the context of Government of India guidelines for the establishment of SEZs, the matter of formulating a policy regarding the dispensations which the State Government will accord to promote the development of SEZs, has been under consideration of the State Government for some time past. After careful consideration, it has now been decided that the following policy will apply to all SEZs in the State of Goa, subject to the framework for SEZ determined by Government of India from time to time.

For further details Pl follow link
http://goagovt.nic.in/documents/SEZPolicyofGoa.doc