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Govt to develop Smart Industrial Port Cities for EXIM trade
National

Govt to develop Smart Industrial Port Cities for EXIM trade

Agency News

New Delhi, Feb 12 : The Government has decided to develop two Smart Industrial Port Cities-- one at East Coast (Paradip Port) and another at West Coast (Deen Dayal Port, Kandla), to promote port-led industrial development by providing necessary infrastructure and allied services at one place for trade to boost up economy of the country.

Development activities for various project components like setting up of Multi Modal Logistics Park,

Industrial Park, development of Road Network and Truck Terminals are in full swing at both the locations, official sources here said.

The Ministry of Shipping has launched the flagship Programme Sagarmala to promote Port-Led Development in the country.

Under this programme, more than 600 projects with infrastructure investment of Rs 8.78 lakh crore have been identified since its inception. 105 projects of worth Rs 0.16 crore have been completed so far and 414 projects of worth Rs. 4.16 crore are in advanced stages of implementation, the sources added.

Under Coastal Community Development component of this programme, 17,606 people have been trained and employed in various Ship Breaking Yards and 1143 personas have been placed in various companies in Coastal Districts out of the 1978 persons trained under pilot phase of Deen Dayal Upadhyay Gramin Kaushal Yojana-Sagarmala convergence. It is estimated that 40 Lakhs (direct) and 60 Lakh (indirect) jobs would be available after completion of all the projects of the Sagarmala Programme by 2025.(UNI)