Visakhapatnam Port Trust (VPT) will establish a major port in Nellore district of Andhra Pradesh with
a total investment of Rs 9,500 crore to be spent within a span of 30
years on the project with an initial investment of Rs 4,500 crore. The
proposed port will come up at Duggarajupatnam, where four berths would
be constructed. The site would be developed as a major port in East
Coast. Rail India Technical and Economic Service (RITES) is carrying out a feasibility study, and a special-purpose vehicle will be floated for setting up the port.
No comments:
Post a Comment