Govt identifies Rs. 8 lakh crore projects under Sagarmala till 2035

Posted by Daily Shipping Times on 19-07-2017        Tweet

NEW DELHI: An estimated 415 projects at an investment of approximately Rs. 8 lakh crores, have been identified in the areas of port modernization, new port development, port connectivity enhancement, port-linked industrialization and coastal community development for phase wise implementation over the period 2015 to 2035 under the Sagarmala programme.

As per the approved implementation plan of the programme, these projects are to be taken up by the Central Line Ministries, State Governments / Maritime Boards and SPVs, preferably through the private sector and Public Private Participation (PPP) wherever feasible. Summary of these projects is shown in the table below:-