“The Centre has proposed to increase the overall capacity of ports
in India
to 3,230 million tonnes by 2019-20 from the present 936 million tonnes,” said
Union Minister for Shipping G K Vasan.
He said “an investment of Rs2.77 lakh crore was required for this
purpose, which is meant for bringing them on par with international standards
to increase the capacity of the ports. As the government has not been able to
meet the required funds, it was proposed to promote private partnership in the
ports sector.”
The Public Private Partnerships (PPP) in the port sector has given
priority not only to infuse funds but also to induct the latest technology and
improve management practices, he added.
According to him, the government has planned an investment of
Rs2.34 lakh crores from the private sector for the development of ports.
EPC News Bureau
Posted by: epcworld | Posted
on:3/10/2012 at 10:05 AM
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