AP in joint venture with RIRS plans ₹10,000-cr port at Ramayaptnam

AP in joint venture with RIRS
Andhra Pradesh government, in a joint venture with RITES, has decided to build a greenfield non-major port at Ramayapatnam in Prakasam district of the state at an investment ₹10,000 crore. The proposal has already been submitted to the ministry of environment and forest (MoEF). In the minutes of the meeting held by an expert appraisal committee (EAC), MoEF, RITES has made an application for necessary permission to prepare the terms of reference (ToR). The proposed Ramayapatnam port will be developed in an area of 802 acres during the first phase and about 3,437 acres for creation of permanent marine facilities for mechanized cargo handling, transportation and storage to meet the demands of trade and shipping activities. The state government is proposing to develop this non-major port to meet the increasing cargo demand in the state. It is expected to be an all-weather port with world-class terminal facilities to meet the present and future needs and possibly develop it as a major port.
📅 Published on: 13 January 2020
🔗 Share:
We Value Your Comment
How useful is this information?

NBM Media

30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.