A new port in Karnataka's Honnavar has been planned by the State government at a cost of Rs 600 crore under the public private partnership (PPP) model. Foundation stone to the port will be laid in November next. And the State government also plans to build a protection wall along its coastline at a cost of Rs 950 crore.
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Belgium may consider to build a new Indian port
Responding to President Pranab Mukherjee's suggestion to develop a new port near Kolkata, Belgium on October 3 assured the Indian government that it would look into the President's suggestion. The two countries have discussed cooperation in new areas like port management.