Phase I completion in 4-5 years
Prime Minister Narendra Modi has announced an Rs.10,000 crore Trans-Shipment Port in Great Nicobar, the first phase of which will be completed in the coming 4-5 years.
It will be India’s first the deep draft greenfield seaport in the West Coast which has been given in-principle approval.
“Similarly, construction of the deep draft inner harbor in the East Coast is also going on fast,” said Modi on 10 August 2020.
The legal hurdles in the development of Port Infra are also being removed continuously, he disclosed.
The government is also focused on promoting the Ease of Business in the sea and simplifying Maritime Logistics. Work is also underway to develop the world’s largest single window platform.
“Today, we are building a large network of river waterways, connecting large seaports to the landlocked states of the country,” said Modi at the inauguration of Submarine Cable Connectivity to Andaman & Nicobar Islands.
The developments in Andaman and Nicobar include Fisheries, Aquaculture and Sea Weed farming which are an important part of the Blue Economy. fiinews.com
