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Huge potential of coastal belt could be unblocked if connectivity issues were addressed, NMPT Chairman
Chief Minister B.S. Yediyurappa on Tuesday said the State was committed to facilitate world-class maritime infrastructure through private participation and urged entrepreneurs to invest in the maritime sector.
He was speaking at a session on ‘Investment opportunities in Karnataka’ as a part of the Maritime India Virtual Summit 2021 organised by Union Ministry of Shipping in association with Federation of Indian Chambers of Commerce and Industry.
Mr. Yediyurappa said the government had facilitated construction of a greenfield port under PPP at Honnavara with an investment of ₹600 crore. Another ₹3,000 crore were likely to be invested in two more greenfield ports at Pavinakurve and Belikeri in Uttara Kannada district, he said. This was apart from developing second phases of Karwar and Mangaluru fishing ports at an estimated cost of ₹1,172 crore. ....

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