Mormugo Port all set to unlock investment to the tune of Rs 3500 crores during the Maritime India summit

2021-02-25 17:22:15 Indian Ports News

Mormugao Port is all set to ink 20 agreements with various industry partners and government bodies during the three-day Maritime India Summit, which will commence on March 2. The agreements are expected to unlock investments to the tune of Rs 3500 crore, said MPT chairman E Ramesh Kumar.

Kumar, who addressed the press said that the summit will help attract investment to Goa, particularly in the maritime sector.

“MPT and the Goa government will present investment opportunities in the ports and maritime sector in Goa to the global investor community. I am hopeful that this summit will lead to sharing of knowledge but also give us an opportunity to invite investments in a big way,” Kumar said.

One MoU with the Indian Port Rail and Ropeway Corporation Ltd

One of the MoUs that MPT will ink is with the Indian Port Rail and Ropeway Corporation Ltd to undertake a feasibility study for the Vasco-Dona Paula ropeway project.

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