The US Trade Development Authority (USTDA) asked Visakhapatnam Port Trust to avail its development assistance for enhancing growth potential of the port.
USTDA, which was hitherto focusing on the development of aviation sector in India, has taken up port development activities recently.
Mehnaz Ansari, country representative of USTDA said Visakhapatnam, with a major port and a container terminal, had the potential for deriving benefit out of its development initiatives.
She said this while interacting with the members of the Vizagapatam Chamber of Commerce and Industry at a seminar organized in the chamber on ports.
The authority wants to extend financial and technical support for the mutual benefit of both countries, Ansari, said.
She said even small companies, in existence for a minimum of three years and with a good track record, can make use of the opportunity.
USTDA received request for assistance from KR & Sons in handling dirty bulk cargoes such coal and iron ore handled at Visakhapatnam and other Indian ports in a more eco-friendly manner.
M Narayana Rao, Secretary-General of the chamber, welcomed the gathering. Earlier, State Minister for Ports and Infrastructure G Srinivasa Rao interacted with the members of the delegation, but he did not participate in the seminar.
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