Union minister for shipping Nitin Gadkari has announced an investment of Rs one trillion for the expansion of Paradip Port Trust (PPT) in the next five years.
“In future expansion of the port, about Rs one lakh crore (Rs one trillion) will be invested and about 50,000 job opportunities will be created. Our effort is to make Paradip the number one port in the country,” the Union minister said at Paradip. He was on a day-long visit to Odisha for unveiling various central government projects.
However, he did not give the break-up of the investments proposed.
“Today itself, we have planned about Rs one lakh crore investment for Paradip port which is in different stages of planning or inaugurated. Read More