The work on third phase of Malpe port is nearing completion. The third phase has been taken up in accordance with the demands of fishermen. It can anchor about 1,420 boats. The third phase has rest shed for toilets, shed for repairing boards, canteen facilities and security guard room. There was a proposal for constructing a shed to repair nets. Hence, work on third stage was started and is expected to reduce congestion and is coming up on 10 acre at Baputhota in Malpe. Initially, it was decided to take up the work at an estimated cost of Rs 37.17 crore. Owing to various reasons, the project got delayed. Now, the revised estimate has been prepared at
Rs 55.1 crore.