TN plans Rs.15,000 cr investments in minor ports

01 Sep 2014 CW Staff

The Tamil Nadu Government plans to invest about Rs 15,000 crore with an aim to develop minor ports and improve port infrastructure in the state. A 10-year plan, the investment will increase cargo from the non-major ports to about 150 mn tonne. The Tamil Nadu Maritime Board will be inviting proposals either through private investment or in PPP. Some of the initiatives include developing a greenfield port at Nagapattinam and Cuddlore. The potential viability for developing ports in Rameswaram, Valinokkam and Kanyakumari is also under consideration.

Contact: Government of Tamil Nadu.

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