The ministry of shipping can handover the land to developers who operate seven port projects taken up under the Public-Private Partnership (PPP) mode as it received approval for the same from the cabinet.
The cabinet recently cleared the proposal of the ministry for licensing of land to the developers. This will facilitate the ministry in augmenting the capacity of ports expeditiously through public private partnership and will also bring about efficiency in operations at major ports which will benefit trade and the economy as a whole.
Leave a Reply
You must be logged in to post a comment.