Mormugao Port to Attract Rs 300 bn Investments at Maritime Week

25 Oct 2025 CW Team

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.

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