Govt mulls 23 PPP projects in port sector

August 10, 2011

The union government identified 23 Public Private Partnership (PPP) Projects in port sector during the year 2011-12 with an estimated investment of Rs. 16743.92 crore and the corresponding capacity addition of 231.63 mn mtpa. The National Maritime Development Programme has envisaged setting up of two international size shipyards. Maritime states have been requested by the Ministry of Shipping to identify suitable location for setting up of international size shipyards, one each on the East Coast and West Coast of India respectively. Private investors have already gone ahead with plans to create new international size shipyards.

 

 

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