In Port News 20/07/2016
Source: ANI
India and the United States have agreed to deepen the scope of cooperation in the maritime sector with American ports evincing keen interest in the comprehensive port-led development, especially with regard to the ambitious Sagarmala programme under which 150 projects have the potential of mobilising USD 50-60 billion of infrastructure investment and another USD 100 billion of promoting industrial growth.
Union Minister of Shipping, Road Transport and Highways Nitin Gadkari, who held wide-ranging discussions with the representatives of Harbour Department of the City of Long Beach, offered investment opportunities in building and developing new ports, construction of new berths/terminals in existing ports, coastal economic zones, dredging, ship building, ship repairing, ship recycling, development of inland waterways and coastal and cruise shipping.
Gadkari went round the Port of Long Beach and explored joint venture opportunities with India’s flagship container handling Jawaharlal Nehru Port (JNPT) to promote transfer of technology and enhance bilateral commerce. The Port of Long Beach was set up in 1911.
Source: ANI
