Sagar Port construction to begin from December

Image
Press Trust of India Kolkata
Last Updated : Jun 03 2016 | 11:02 PM IST
Construction for Sagar deep sea port in West Bengal is likely to commence from December.
A government release today said Union Shipping Minister Nitin Gadkari, during a video conference, stated that construction could begin from December this year.
The deep sea port is a joint venture project with West Bengal and aimed at reviving the riverine port by facilitating larger vessels into Kolkata Port Trust.
The project, however, had been curtailed in size as it could only offer limited commercial viability.
Gadkari also stated that development of Chabahar Port, which would be completed within 18 months, would be a "game- changer" for India's economy and the linking of Chabahar and Kandla ports would further the industrial progress of Gujarat and the rest of India, the release said.
The Minister also said that discussions were on with Bangladesh and Myanmar to develop a similar port in their land.
Regarding development of national highways in West Bengal, Gadkari said discussions were underway with bankers and financiers to resolve issues and implement the projects.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 03 2016 | 11:02 PM IST

Next Story