Nearly 23 public-private partnership (PPP) projects, entailing an estimated investment of Rs 16,743.92 crore and capacity addition of 231.63 million tonnes have been identified for awarding in 2011-12, the Shipping Minister, Mr G. K. Vasan, said in a written reply in the Lok Sabha.
He also apprised that the National Maritime Development Programme has envisaged setting up of two international-size shipyards and that the maritime states have been requested by the Ministry of Shipping to identify suitable locations for these yards, one each on the East Coast and West Coast, respectively.
While private investors have already gone ahead with plans to set up large-size shipyards, the government-owned Cochin Shipyard also intends expanding capacity by developing a ship repair facility at an alternate location and establishing an additional dry dock, the Minister said.
He also informed members that the draft ‘Ports Regulatory Authority Bill, 2011′ had been formulated.
The Bill, when enacted, will establish authorities to regulate rates for the facilities and services provided at ports, monitor the performance standards at ports, and also deal with matters connected therewith or incidental thereto, he explained.
(eximin)
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