A total of Rs.400
Cr has been allocated from FY 2016-17 to FY 2023-24. The amount utilized
so far for the development of Shahid Beheshti Port of Chabahar is Rs. 201.51
Cr.
The port witnessed an increase of 43% in vessel traffic and a 34% rise
in container traffic in 2023-2024. It is envisaged that there will be
substantial increase in maritime trade and commercial earnings once the port
becomes fully functional.
A similar development based agreement has been signed with Myanmar.
Rs. 90 Lakhs has been allocated for Sittwe
(Myanmar) for FY 2024-2025.