Port related industries to be set up by KPT Chennai, many to get jobs
Posted on: 20/Jan/2020 10:10:58 AM
Employment opportunities would be available for many as KPT or Kamarajar Port Trust would develop 320 acres of land at a cost of Rs 70 crores to set up port-related industries.
Port would create infrastructure such as roads, rail connectivity, container terminals, warehousing, truck parking, lighting, power supply, drainage etc.
Mr Sunil Paliwal, managing director, KPL mentioned about how industries that require the port for imports or exports would be given importance. He cited examples like palm oil processing units or lithium-based battery units etc. He hinted that it would be like a special industrial park having proximity to the port. Under the Sagarmala Programme, the project is being taken up. The objectives of the project are reduction of logistics cost, time for movement of EXIM and domestic cargo. The development of port proximate future industrial capacities near the coast is a step in this direction.
After consulting with the stakeholders, a consultant has prepared business and master plan is known. Industries like pharma, electronic, petrochemical, engineering, non-metallic minerals etc have been identified. The managing director explained how KPT is waiting for environmental clearance. It must be taken into account that the project proposes to tender and auction the land parcels for 60 year-long leases.
