Vizag Port launches Rs 3.33 billion projects
The revamping of berths, involving an investment of Rs 1.67 billion, aimed to handle vessels with a draft of 14.5 metres or 85,000 DWT vessels. One of these berths, OR-1 berth, was inaugurated on the same day. It had a length of 243 meters and increased capacity by 3.81 MMT. The entire modernisation project was expected to be completed by October the following year.
Sripad Yasso Naik, Union Minister of State for Ports, highlighted that the Visakhapatnam Port Authority (VPA) had established a world-class Truck Parking Terminal spanning 20 acre, with an investment of Rs 360.05 billiob. The terminal was designed to accommodate cargo-bound vehicles entering the port and ensure smooth truck movement. It had the capacity to accommodate 666 vehicles, a 100-bed dormitory, a building with nine shops for services like ATM, vulcanising, spares, and toilets, among other amenities.
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