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Context: Cabinet approves Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer (BOT) basis under Public-Private Partnership PPP mode to handle cape size vessels at Paradip Port
Implementation Strategy and Targets:
Impact:
(i) de-congestion of the Port
(ii) reduce Sea freight making coal imports cheaper, and
(iii) boost the industrial economy in the hinterland of the port leading to creation of job opportunities.
Paradip Port
https://pib.gov.in/PressReleasePage.aspx?PRID=1684632
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