In an effort to boost port-led development in the country, Ministry of Shipping is hosting a three-day maritime event in Mumbai between April 14-16. With South Korea as its partner country for this summit, the ministry plans to offer projects worth $19 billion for investment.
Tag: investment
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Govt plans 4 new major port projects
The government is planning four new major ports at Tamil Nadu, Maharashtra, West Bengal and Andhra Pradesh at an investment of Rs.32,000 crore under the PPP model.
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Rs.50,000-cr port projects in pipeline
The Shipping Ministry is overseeing 33 projects worth Rs.32,000 crore, while 45 projects with an investment of around Rs.18,414 crore are under operation, Parliament was informed in late February.
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Budget 2016: Going under the hammer
The government will start auctioning three ultra mega power projects (UMPPs) before March this year, attracting an investment of Rs.90,000 crore, budget documents said.
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If you look at IT companies, the first thing they ask in the RFP is for certified project managers
Planning is key and one of the main pillars of project management. The other way to define project management is basically, plan the work and work the plan.
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The banking industry is facing its sachet moment
Telecommunication companies only have payment licenses so they can only take deposits. They can´t lend. What´s happening in banking the world over - and I don´t think India is going to be an exception - is that banking services are being unbundled
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Shipping Ministry to invest Rs.14,225 cr on port projects
In order to bring the Major Ports in India at par with its contemporaries across the world, Ministry of Shipping has been emphasising on creation of additional capacities through development and construction of new berths/terminals, revamp of existing berths and terminals and other modernisation projects.
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Shipyard industry gets infra status
The government has granted infrastructure status to the shipyard industry in a boost to its Make in India initiative. The move is expected to bring down borrowing costs for the industry. At present, companies pay average interest of 14-15 per cent on their borrowings.
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Maharashtra leads in termination of PPPs
Maharashtra leads the list of states where the most number of public-private partnership (PPP) investment projects have been terminated.
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The market is already quite big but not as big as it should be
This is all about connectivity and a country needs to have infrastructure in roads, railways, energy, power plants and being able to provide the necessary infrastructure that is needed, in the case of India, to achieve a good degree of success with the Make in India campaign.