Logistics

VOC Port earmarks 1,689 acres of land for developing port-based industry

Our Bureau Chennai | Updated on August 15, 2020

The VOC Port in Thoothukudi   -  THE HINDU

The VOC Port in Thoothukudi has earmarked 1,689 acres of land for developing port-based industry.

This is based on the Shipping Ministry’s efforts towards achieving Aatmanirbhar Bharat by promoting port-led industries and attaining self-reliance in port infrastructure.

“Diverse industrial firms from fertilisers, petrochemicals, edible oil, LNG and wind blade sectors have expressed their interests to set up industries in port’s land,” said VOC Port Trust Chairman TK Ramachandran in his Independence Day address.

The VOC Port Trust also has plans to transform the port as a ‘transshipment hub’ in four phases at a total cost of Rs.7,000 crores, he said.

He congratulated all stakeholders, including trustees, port users, union leaders, employees and district administration, for helping the port handle 10.57 million tonnes of cargo during this current financial year up July 2020.

Published on August 15, 2020

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor