![]() Financial Daily from THE HINDU group of publications Tuesday, May 17, 2005 |
|
|
|
|
|
Logistics
-
Shipping ADB sanctions Rs 50 cr for Nagapattinam port Our Correspondent
Madurai , May 16 THE Asian Development Bank (ADB) has sanctioned Rs 50 crore for the development of the Nagapattinam port, according to Mr R. Sampath, Chief Executive Officer of the Tamil Nadu Maritime Board. Speaking to newspersons at Nagapattinam recently, he said the State Government has sanctioned Rs 1 crore as immediate relief and the construction of the northern breakwater would be completed in six months. He was at Nagapattinam to inspect the construction of the 240-metre northern breakwater in the port and the dredging of the Kaduvaiyar at the entrance of the port. The Nagapattinam District Collector, Dr R. Radhakrishnan, who accompanied Mr Sampath, said the works would be taken up at the port soon. The proposed assistance from ADB would be utilised for the reconstruction of the wharf and relaying of the port road, reconstruction of perimeter wall, sunken southern breakwater and caisson wall, dredging of the Kaduvaiyar, reconstruction of the shipway and dry dock, procurement of a dredger, a patrol vessel, marine survey instruments with a survey vessel, reconstruction of the electrical room and electrical lighting, port control etc., the sources added.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|