Centre ready to build major port in Andhra Pradesh

An MoU was signed with IIT-Kharagpur to set up a Rs 1,000 crore ship design and model testing centre to give a fillip to shipbuilding industry in the country, Union Minister of State for Shipping Mansukh L Mandaviya said here on Thursday. Addressing the inaugural of the two-day conclave of ports of Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC), the minister said the model testing centre would be of great help to member countries of BIMSTECBangladesh, Nepal, Bhutan, Myanmar, Sri Lanka and Nepal.

He said the conclave will provide an opportunity to exchange experiences and it is also aimed at improving maritime cooperation, trade and commerce among member countries. He said the member nations were registering 6 to 7 per cent growth rate in spite of the global slowdown.

Mandaviya said steps were being taken to improve inland waterways and ensure hassle-free movement of cargo from Varanasi to North East States via Bangladesh and Myanmar. He said inland waterways will be improved to connect Bhutan and Nepal. India is also engaged in developing ports and waterways in these countries, he said.

He urged the member countries to participate in some of the projects undertaken under Sagaramala to improve port modernisation, connectivity and inland waterways. Stating that of the over 200 minor ports, only 74 ports are functioning well, he said. A survey was being conducted to identify problems of these minor ports. He said they will be developed unde....

read more from hellenicshippingnews.com