PUBLISHER: Container News (container-news.com)
The government of India has approved the development of two deep-water marine terminal projects at Kandla Port (Deendayal Port), a major west coast harbour.
The plan consists of a container terminal and a multipurpose cargo facility, estimated to cost Rs. 4,539.84 crore (US$550 million) and Rs. 2,250.64 crore (US$272 million), respectively. Of the projected investments, the port authority will spend Rs. 296.20 crore (US$36 million) and Rs. 531.42 crore (US$64 million), respectively, towards dredging of the common user access channel and construction of common road infrastructure.