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Andhra CM to lay stone for Ramayapatnam port on July 20
The Nellore district administration has already completed the acquisition of 803 acres of land from locals and handed it over to the AP Maritime Board (APMB). The APMB has finalised tenders for the construction of the port.
Interestingly, the state government is developing the port with its own resources with a view to generating more revenue from port operations. The neighbouring Krishnapatnam port was initially owned by Navayuva Engineering Company (NEC) but subsequently taken over by the Adani group. With Krishnapatnam port already overcrowded with cargo, Ramayapatnam port is expected to be a boon to the overall economic development of the state.
With neighbouring Prakasam district producing world-class granite in Chimakurthy, Addanki and Martur region, the port in Ramayapatnam is expected to boost industrial development in Kandukur division.
Also read:
Andhra Pradesh CM inaugurates Jindal Waste-to-Energy Plant
Andhra Pradesh Govt approves CRDA's plan to sale Amaravati
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