City
Epaper

AP govt to establish maritime board to fast-track growth in port sector

By ANI | Updated: November 23, 2019 04:00 IST

In a bid to utilise the 974 km coastline to increase trade and commerce in the state, the Andhra Pradesh government has decided to establish a maritime board to develop "14 non-major ports".

Open in App

In a bid to utilise the 974 km coastline to increase trade and commerce in the state, the Andhra Pradesh government has decided to establish a maritime board to develop "14 non-major ports".

"The government led by Chief Minister YS Jagan Mohan Reddy has taken a bold initiative to set up the AP Maritime Board. Andhra Pradesh has a natural advantage to foster an industrial ecosystem given the trove of natural resources, a long coastline, skilled manpower," the government said in a statement on Friday.

It said that the state government is also planning to develop 14 non-major ports besides the already existing major port in Visakhapatnam.

"The state is committed to set up more ports and ensure an increase in trade and commerce. There is a need for a focused approach for the state to increase its share in export and import trade by modernising existing minor ports, developing new ones and port-based industries and related infrastructure to obtain a leading position in global maritime trade along the coastal corridor," it said.

The government said that setting up of the maritime board will help manage the development of all port and shipping related projects in the state leading to "fast track growth of the maritime sector".

"The government has today notified the establishment of Andhra Pradesh Maritime Board to provide for rapid development of the port sector and for the overall development of hinterland and offshore areas connected to the port-use and industrialisation in port areas in Andhra Pradesh," it added.

( With inputs from ANI )

Tags: Andhra PradeshJagan Mohan Reddyvisakhapatnam
Open in App

Related Stories

NationalHyderabad-Bapatla Bus Accident: 30 Passengers Evacuated Safely After Vehicle Overturns

NationalAndhra Pradesh Earthquake: Mild Tremor of Magnitude 3.7 Jolts Alluri Sitharama Raju District

NationalEluru Bus Accident: One Dead, Several Injured After Hyderabad-Bound Bus Overturns in Andhra Pradesh

NationalVenkateswara Swamy Temple Stampede: At Least 9 Dead, Several Injured in Andhra Pradesh During Ekadashi Celebrations

NationalCyclone Montha Likely to Weaken Into Deep Depression Over Andhra and Telangana in Next Few Hours, Says IMD

National Realted Stories

NationalCJI Gavai for excluding creamy layer in reservations to SCs

NationalGujarat Dy CM Sanghavi leads unity march, reiterates focus on development and national integration

NationalRSS row: Foot march peacefully conducted in Karnataka's Chittapur

NationalThe Sepoy's Paradox: Indispensable conquest, eternal distrust and catastrophe of Empire (From the Archives)

BusinessRepo Rate Cut Triggers FD Interest Drop, But Post Office Still Offers Highest 7.5% Return