HomeShipping & LogisticsCM launches Masula port works

CM launches Masula port works

Published on

Deep water port works to be completed in 2 years

The Chief Minister Mr YS Jagan Mohan Reddy recently launched the Machilipatnam Port works unveiling the Pylon and offering special prayers at the sea. 

The construction of the port, with an initial cargo capacity of 35 million tons, is scheduled to be completed in two years.  

Addressing the public meeting after launching the port works, the Chief Minister said the capacity of the 4-berth deep water port would be increased to 116 million tons as the cargo traffic increases gradually. 

The port which is being built at a cost of Rs. 5,156 crore is becoming a reality as the Government has completed land acquisition, finalized the tender process, and completed financial closure besides obtaining all permissions by resolving legal hurdles, he said. 

The port would help grow Machilipatnam like the developed port cities Mumbai and Chennai as it would be connected with the national highway 216 and Gudivada –Machilipatnam railway line soon enhancing the port accessibility and improving the connectivity, he said.  

Machilipatnam port would result in the growth of ancillary industries creating direct and indirect work for lakhs of people over a period of time, the Chief Minister said. 

“In the next 24 months, you can see big ships anchoring in the Machilipatnam sea waters,” he said thanking the farmers who had given land for the construction of the port. 

Four thousand acres of Government land would be gradually linked to the port being built in an area of 242 acres given by the farmers, he said.


Latest articles

Getting Cos to game on

In today’s fast-paced and competitive business world, companies are constantly seeking innovative ways to...

JSW Neo, Hero future Energies, CCL Bev. & others get the green light

CM clears Investment proposals worth over USD 1.3 billion In yet again a show of...

‘Vizag an important centre for MoD’

Emphasising the significance of Vizag as an important region in the defence sector, Dr....

Efforts in full swing for Cyber Lab in Vizag

To help mitigate rising Cyber crimes Cyber crimes continue to play havoc for the city’s...