GANDHINAGAR : Gujarat has been the pioneer in encouraging public private partnership in the port sector. The State has pioneered the concept of port liberalization and has strategically utilized it to become India’s fastest-growing State. It has broken new grounds with different forms of privatization and has aptly converted the Non-Major Ports into one of the large ports. The Growth of the industry was propelled due to variety of natural advantages Gujarat had and the visionary policy initiatives that the State has been following over the last two decades, since the first Port Policy of Gujarat in 1995.
Considering the ever changing scenario in the maritime sector, the emerging technologies, the initiatives by the Government (both Central and the State); the need to revisit the existing policies and frameworks was felt to suit to the current and future requirements.
The Government approved the revision of the policy in June 2016. Subsequently, in January 2017, during the Vibrant Gujarat Global Investors’ Summit 2017 a “Discussion Paper – on the Port Policy of Gujarat” was circulated for all the concerned stakeholders for obtaining their views and comments on the same. The paper provided the key analysis of the policies & frameworks of Gujarat (Port policies) and other National & International case studies, benchmarking studies, etc.
Various deliberations with the Government officials and stakeholders have been undertaken before drafting of the new port policy for Gujarat. A workshop has been organised by GMB to take the suggestions and inputs on the draft policy. During this workshop, the Ernst & Young LLP (EY) team detailed out the provisions made in the policy for the overall development of the port sector in the State. The presentation also highlighted the priorities and strategies for new Port Policy.
The key highlights of the Port Policy are:
The workshop was attended by more than 50 Port & Marine Sector Representatives. The workshop also witnessed the presence of the who is who of the industry, such as senior officers of Reliance, Adani, Essar, L&T, APM Terminals, Birla Copper, Ambuja Cements, Ultratech, Industry Associations, etc. to name a few. The draft of the policy is expected to be submitted to the Government for its approval soon.