Five ports planned in Andhra with INR 210 billion public-pvt investment
Posted on: Thursday, November 27, 2008 ; 03:46 IST
Five ports in the south Indian state of Andhra Pradesh are being built through public-private partnerships, which are bringing in investments totalling INR 210 billion.
The state government has been able to attract investments to build the ports of Gangavaram, Nizampatnam, Vodarevu, Machilipatnam and Krishnapatnam, according to a senior government official.
One of these ports, Machilipatnam port was due for financial closure in March 2009.
The United States will provide a grant of US$15 million to Bangladesh for installing of radiation detection equipment and associated infrastructure, under the US government sponsored Megaports Initiative, at Chittagong seaport in Bangladesh.
The Talcher-Dhamra river systems in Orissa state, in southeastern India, has been declared part of National Waterways No. 4, with the river route expected to provide cost-effective and environment-friendly transportation of goods between the Dhamra port, now under construction, and the state’s Kalinganagar and Talcher-Angul areas, which are set to emerge as major growth centres.
