Consider the following statements:

1.  Special Economic zone (SEZ) act was enacted in 2006.

2.  Asia’s first EPZ set up in Kandla in 1965.

3.  SEZ, or Special Economic Zone, is essentially an industrial cluster meant largely for exports. A SEZ is governed by a special set of rules aimed at attracting direct investment for export-oriented production

4.   Manufacturing or service activities are allowed.