Mormugao Port to Attract Rs 300 bn Investments at Maritime Week
ECONOMY & POLICY

Mormugao Port to Attract Rs 300 bn Investments at Maritime Week

Mormugao Port Authority (MPA) in Goa is set to sign multiple Memoranda of Understanding (MoUs) worth Rs 300 billion during the upcoming Maritime Week. The agreements aim to accelerate investments in logistics, port modernisation, and renewable energy projects.

Officials stated that the MoUs will focus on developing coastal infrastructure, improving cargo handling capacity, and promoting sustainable practices under the Sagarmala initiative. The port, which has been diversifying its cargo mix, plans to attract private participation in green and smart port facilities.

The event is expected to draw participation from major industry players and government stakeholders, reinforcing Goa’s position as a key maritime and logistics hub on India’s western coast.

Mormugao Port Authority (MPA) in Goa is set to sign multiple Memoranda of Understanding (MoUs) worth Rs 300 billion during the upcoming Maritime Week. The agreements aim to accelerate investments in logistics, port modernisation, and renewable energy projects. Officials stated that the MoUs will focus on developing coastal infrastructure, improving cargo handling capacity, and promoting sustainable practices under the Sagarmala initiative. The port, which has been diversifying its cargo mix, plans to attract private participation in green and smart port facilities. The event is expected to draw participation from major industry players and government stakeholders, reinforcing Goa’s position as a key maritime and logistics hub on India’s western coast.

Next Story
Real Estate

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Next Story
Real Estate

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Next Story
Technology

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement