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Home Breaking News

Deendayal Port Trust to sign MoUs worth Rs 3,823.7 cr at Maritime India Summit 2021

The Ministry of Ports, Shipping, and Waterways is also in process of finalizing more than 44 MoUs to be signed in conjunction with the summit.

by Navjeevan Express
4 years ago
in Breaking News, Business, Maritime/Shipping, Ports
Reading Time: 1 min read
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Deendayal Port Trust to sign MoUs worth Rs 3,823.7 cr at Maritime India Summit 2021

Representative image

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NE BUSINESS BUREAU

AHMEDABAD, FEB 19

Deendayal Port Trust (DPT), one of the major port trusts in India will sign 15 MoUs of Rs. 3,823.70 crores at Maritime India Summit 2021 scheduled to happen on 2nd to 4th March 2021, a release said.
These MoUs will be majorly signed between DPT and IOCL, EMAMI, and AEGIS Power Supply. MoU will also be signed with Timber Association to develop furniture park and Coast Guard Jetty. Apart from these DPT will also sign MoUs for the greenery of the port area and construction as well.

Joghigopa terminal will act as a hub & facilitate cargo transportation to the adjoining North Eastern States.

Benefits:
⛴️Promote river cruise tourism
⛴️offshore facilities for tourists & industries
⛴️Local Employment Generation pic.twitter.com/o4GRZmDffB

— Dr Mansukh Mandaviya (मोदी का परिवार) (@mansukhmandviya) February 18, 2021

The Ministry of Ports, Shipping, and Waterways is also in process of finalizing more than 44 MoUs to be signed in conjunction with the summit. These MoUs will be signed with different coastal states and stakeholders of the sector. The MoPSW is looking forward to closing over 400 MoUs during the Maritime India Summit 2021.

These MoUs are focused on attracting investment, skilling, and generating employment in the sector. The signing of these MoUs will help in streamlining the process of ship maneuvering resulting in more business to the ports and economic stability to the sector and its stakeholders.

The MIS 2021 will provide a unique platform that will have a physical and virtual presence of prominent shipping and transport ministers/ dignitaries from across the world. The maritime States of India will participate in the Summit through dedicated sessions. The Summit will also include an exclusive CEOs’ forum and various thematic/ breakout sessions.

 

Tags: 2021Deendayal Port TrustIndiamaritimemoussummit
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