The government of Odisha in India has signed a Memorandum of Understanding (MoU) with Gopalpur Port Private Limited to further develop the Gopalpur port. The MoU was signed by the Director of Ports and Inland Navigation, Trade and Transport Department, Padmalochan Rou, and the CEO of Gopalpur Port Private Limited in the presence of Minister of Commerce and Transport, Tukuni Sahu. The Gopalpur port, previously operated as a seasonal lightering port, is being converted into an all-weather direct dock port under a public-private partnership (PPP) mode. The concession agreement for this conversion was signed in 2006.
Currently, the Gopalpur port has three berths spread over 800 meters, allowing it to accommodate multiple vessels. It has an annual cargo handling capacity of 20 million metric tons (MMT). The port has not only contributed to the economic development of the region but also created employment opportunities for approximately 8,000 people.
This MoU signifies the commitment of the government and Gopalpur Port Private Limited to the continued development and expansion of the Gopalpur port. It further solidifies the partnership between the two parties in achieving the goal of transforming the port into a robust and efficient facility that can support increased trade and transportation.