Minister Urges Measures to Develop Ports (India)

Allowing FDI up to 100% under the automatic route for port development projects, Income tax incentives are among the steps being taken by the Government for capacity expansion of ports.

Other measures include- standardizing the bidding documents like RFQ, RFP and Concession Agreement, Enhanced delegation of financial powers to Shipping Ministry to accord investment approval for PPP projects, streamlining of security clearance procedures etc,.

Stateing this in a written reply in the Lok Sabha Shri G.K. Vasan, Union Minister for Shipping said 13 projects have been awarded so far at various Major Ports which will lead to capacity augmentation of 80.85 Million Tonnes Per Annum (MTPA) at an estimated cost of Rs. 3831.00 crores in the current year so far.

Press Release, December 17, 2013

 

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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