In a conference organized by the Confederation of Indian Industry at Visakhapatnam, while making a presentation of on port developments in East Coast, Mr. Ajeya Kallam, Chairman, Vizag Port, said that they are in the process of finalizing three projects under public-private-partnership (PPP) model, worth INR 2000 crore. Many companies have submitted their bids and the port would finalize the bid by March. With a view to enhance the handling capacity of the port from 66 million tonnes to 140 million tonnes by upgrading the facilities, the port is planning 9 projects. The Chairman said: “Of the nine projects, we have already taken up six under PPP mode with an investment of INR 1,500 crore”. The port has to invest in dredging also to the tune of INR 300 crore; in addition, to improve the efficiency of the port, it has to invest in improving the connectivity by road and rail for faster evacuation of the cargo.Mr. BK Singh, Special Secretary, Investment and Infrastructure Department, said that the Andhra Pradesh wanted private investors to develop and modernize the non-major ports in the state. He added: “We have 14 non-major ports in the state, out of which only five are operational. The Government is keen on developing the other ports with private participation”. The Government aims at increasing the handling capacity of the ports in the state from the existing 85 million tonnes to 200 million tonnes by 2020. This appears to be the State Maritime Agenda 2020.
A rising tide lifts all boats. An efficient plan lifts all business.
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