Search results for: FDI

13 results

A list of search results

  • 10 February 2014
    Business & Finance, Equipment, Technology

    100% Foreign Direct Investment (FDI) under the automatic route is being allowed for port development projects. The Minister of Shipping Shri G.K.Vasan in a written reply in the Lok Sabha today said that the Maritime Agenda 2010-2020 has set a target of over 3130 million tonnes for port capacity by 2020. The existing capacity of […]

  • 13 December 2011

    The guidelines for private sector participation in the Major Ports issued in October, 1996 allows and encourages private participation including Multi-National Companies (MNCs) in enhancing port capacities and modernization of port equipments etc. Accordingly, 100% FDI is allowed in Port Sector to supplement domestic capital, technology and skills, for accelerated economic growth. Security clearance is […]

  • 11 July 2011

    Recently, CCC First Design Institute of Navigation Engineering (FDINE) has won the bid for the survey and design of the first-phase (start-up) project of Ganyu area of Lianyungang Port. The project involves three general berths and a liquid chemical berth, and is scheduled to be designed for 50,000t bulk carriers and 50,000t crude carriers (terminal […]

  • 14 January 2016
    Business & Finance, Project & Tenders

    This video, published by the Eastern Solent Coastal Partnership (ESCP), is showing construction of the new flood defenses at Anchorage Park. It was the first stage of the multi-million pound Flooding and Coastal Erosion Risk Management Scheme being developed across the north of Portsea Island. The major coastal defense project, undertaken by Team Van Oord, included areas along […]

  • 5 September 2014
    Business & Finance, Equipment, Technology

    Speaking at the Trade Americas & ConnectAmericas Expo: Building the Americas conference in Miami, APM Terminals Vice President and Chief Financial Officer Christian Moller Laursen observed that economic and population growth rate projections for Latin America have not yet been matched by the port and transportation infrastructure investment needed to accommodate the increased logistics and […]

  • 27 March 2014

    The results, from a trial looking into the potential effect of dredging a deeper approach channel to Falmouth Docks, have now been reported. The findings have been sent to the Marine Management Organisation (MMO) and will provide robust scientific data that will be used to update the Environmental Statement that was submitted along with the […]

  • 17 December 2013

    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 […]

  • 8 May 2013
    Business & Finance

    The Government has taken following steps to make investment in Port projects more attractive: 1. Upto 100% Foreign Direct Investment (FDI) under the automatic route is allowed for Port development projects; 2. Income tax incentives are allowed as per Income Tax Act, 1961.; 3. Bidding documents like Request for Qualification (RFQ), Request for Proposal (RFP) […]

  • 15 April 2013
    Business & Finance

    Following is the text of the speech delivered by the Honourable Minister of Shipping, Shri G.K.Vasan at the meeting of the Consultative Committee attached to the Ministry of Shipping on April 15, 2013 in Mumbai. “I extend a very warm welcome to all of you to the city of Mumbai and also to this meeting […]

  • 22 August 2012

    “Kandla Port was all set to become a global logistics hub in the near future,” said Dr P. D. Vaghela, Chairman of Kandla Port Trust (KPT). Speaking at the 65th Independence Day celebrations, he also stated: “The government had declared Kandla Port as the best port for handling foodgrains and fertiliser cargo, and the management […]

  • 13 July 2012
    Research & Development

    Plans to carry out a small-scale dredging trial in Falmouth harbor to measure potential environmental impacts have moved forward after Falmouth Harbor Commissioners (FHC) was granted marine consent to carry out the trial. The licence was granted by the Marine Marine Management Organisation (MMO) and the trial will be carried out independently by Plymouth University’s […]

  • 21 February 2012

      India has invited investors from the US to participate in the country’s port development plans and earn rich rewards. This invitation was extended by the Union Shipping Minister Shri G.K. Vasan when a business delegation from USA led by Undersecretary to the Government of the United States of America, Mr. Sanchez met him in […]

  • 24 October 2011

    H.E. Abdul Rahman Saif Al Ghurair, Chairman of Dubai Chamber of Commerce and Industry, urged Dutch companies to take advantage of Dubai’s position as a leading business hub and gateway to growing Middle Eastern, Asian and African markets, during a Country Focus Briefing event at the organisation’s head office. His Excellency highlighted the cooperation between […]