Construction work on the Machilipatnam port in Andhra Pradesh, India will begin on Monday, costing Rs 5,156 crore. The annual capacity of the port will be 35.12 million tons, with the first phase scheduled to be completed in 24 to 30 months. The port will create jobs for nearly 25,000 people and will provide a gateway to Southeast Asia. When fully operational, the port will handle 115 million tons per year.
Once completed, the port will play an important role in exporting goods such as fertiliser, coal, edible oil, containers, agricultural products, cement, granite and iron ore. The state’s existing five non-major operational ports will also see boosting with a further 110 million tons of cargo handling capacity by 2025-26 via newly built ports.
Tags: Port of Machilipatnam