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| Name | India's $5 Billion dollar plan for Great Nicobar island | making of Singapore | a port city |
| Video Uploader | Video From Gyan Hope |
| Upload Date | This Video Uploaded At 02-02-2023 12:48:38 |
| Video Discription | The Ministry of Ports, Shipping and Waterways will invite expressions of interest (EOI) from interested players for a Rs 41,000 crore international transhipment port project at Great Nicobar Island in the Bay of Bengal. The ministry in a release on Friday said that the project is expected to be complete with an investment of Rs 41,000 crore (USD 5 billion), including investment from both government and PPP concessionaire. The proposed port in the Andaman and Nicobar Islands will have ultimate capacity to handle 16 million containers per year and in the first phase will handle above 4 million containers. Other projects planned around the transhipment port include airport, township and power plant, it added. The project is located on the international trade route, with existing transhipment terminals like Singapore, Klang and Colombo in proximity. According to the statement, the project focuses on three key drivers which can result in making it a leading container transhipment port, i.e. strategic location in terms of proximity (40 nautical miles) with the international shipping trade route, availability of natural water depth of over 20m and carrying capacity of transhipment cargo from all the Ports in the proximity including Indian ports. NITI Ayog plan The project is being spearheaded by Andaman and Nicobar Islands Integrated Development Corporation (ANIIDCO), under a vision plan conceived by the NITI Aayog. 5 billion dollar transshipment port in great nicobar island Source: https://www.financialexpress.com/infrastructure/government-to-build-international-container-transhipment-port-in-great-nicobar-island/2961754/ #india #andman #nicobar #greatnicobar #port #transshipmentport #smartcity #megaproject For Copyright and business Related Issue Please Contact Email ID- gyanhopeyt@gmail.com ***DISCLAIMER*** Video is for educational purpose only. Copyright Disclaimer under section 107 of the copyright Act 1976, allowance is made for "fair use" for purpose such as criticism, comment, news reporting, teaching, scholarships, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. |
| Category | Education |
| Tags | andman and nicobar island | great nicobar development plan | NITI Ayog great nicobar island | 5 billion dollar port in great nicobar |
