On Wednesday, Andhra Pradesh Chief Minister, Shri Jagan Mohan Reddy, formally laid the groundwork for the development of Ramayapatnam Port in the Nellore district. With an initial investment of INR 3,736 crores, Ramayapatnam Port Development Corporation Limited is implementing the port project.
Andhra Pradesh has only had six ports since independence. In order to increase the economic activity, employment possibilities, and general state development, the administration is adding four new ports, including Ramayapatnam, Reddy announced during a meeting.
The port project, which would cost INR 3,736 crore, will feature four berths with a handling capacity of 25 million tonnes. It will also come with the option of adding six additional berths for INR 200 crore each in the future to handle over 50 million tonnes. According to the CM, the addition of four ports will add 100 million tonnes of cargo handling capacity to the current 228 million tonnes. In the Kandukur constituency, the CM approved a development project worth INR 25 crores for a 6.2 km long bypass road for Kandukur. He also approved worth INR 27 crores for the building of a left bank canal for the Rallapadu Project. YSRCP administration will also build nine new fishing harbours, according to the CM.
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