After Chabahar, India looks to build port facilities in Bangladesh and Sri Lanka
2 months, 4 weeks ago

After Chabahar, India looks to build port facilities in Bangladesh and Sri Lanka

Live Mint  

India is looking to strengthen its global maritime play by developing two additional ports in Bangladesh and Sri Lanka, Sarbananda Sonowal, minister for ports, shipping and waterways said on Wednesday. Speaking about the ministry’s achievements in the first 100 days of the new NDA government, Sonowal said Indian Ports Global Limited, a wholly owned subsidiary of Sagarmala Development Company Limited under the ministry, would soon develop Mongla Port, the second-largest and busiest port in Bangladesh. He said that in the past 100 days the government approved a ₹76,220-crore mega port at Vadhavan in Maharashtra that would expand the country’s port infrastructure and create 1.2 million employment opportunities. Sonowal also said Jawaharlal Nehru Port, India’s largest, will become the first Indian port to achieve a container handling capacity of 10 million TEUs by 2027.

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