During the year 2011-12, 23 Public Private Partnership (PPP) Projects have been identified for award with an estimated investment of Rs. 16743.92 crore and the corresponding capacity addition of 231.63 MMTPA.
The National Maritime Development Programme has envisaged setting up of two International size shipyards. Maritime States have been requested by the Ministry of Shipping to identify suitable location for setting up of international size shipyards, one each on the East Coast and West Coast of India respectively. Private investors have already gone ahead with plans to create new international size shipyards. The Government owned Cochin Shipyard Limited is also planning to expand its capacity by setting up of a ship repair facility at an alternate location as well as by having an additional dry dock facility.
This information was given by the Minister of Shipping, Shri G.K Vasan in a written reply in the Lok Sabha today.
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Source: pib, August 8, 2011;