The deep water port at Machilipatnam in Krishna district which will be completed in the next few years will lead to all-round development of the region and the State, according to Andhra Pradesh Chief Minister N. Chandrababu Naidu.

He was speaking near the port town, Machilipatnam, the headquarters of Krishna district, on Thursday afternoon, after unveiling a plaque to mark the inauguration of the works on the deep water port.

He said the Navayuga Engineering Company, taking up the port work, was also taking part in the construction of the mega Polavaram irrigation project on the Godavari in West Godavari district. "The company has set up a world record in executing Polavaram project and I am sure the works on the port will also be completed with the same speed. A deep water port at Machilipatnam is the dream of the people of this region and at last it is coming true, after crossing many hurdles. This is a historic occasion," he said.

The port would not only serve the interests of Andhra Pradesh, being the nearest port to the capital city of Amaravati, but the States of Telangana, Karnataka and Maharashtra are only in its hinterland, he said, adding that he would take personal interest in speeding up the works.

The port will be constructed on 4,800 acres of land, including an industrial park, and it is estimated that the port and park would lead to 80,000 direct and indirect employment.