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Construction : Transport Update | June 2016 | Source : CW-India

Govt approves port modernisation projects

The government has approved 118 port modernisation projects, costing Rs 53,354 crore in the first five years of the Twelfth Five-Year Plan. This is against 27 projects approved during the Eleventh Five-Year Plan with an investment of Rs 13,195.85 crore. Modernisation and upgradation of major ports in the country is an ongoing process to keep the ports in tune with latest technology and to meet the trade (traffic) requirements. All ports prepare a Five Year Perspective Plan along with annual plans, in which, various modernisation schemes are incorporated. The ministry monitors such projects on a regular basis.

 
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