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- PPAC Backs VOC Ports Rs 70.56 Bn Terminal Project
PPAC Backs VOC Ports Rs 70.56 Bn Terminal Project
The V O Chidambaranar (VOC) Ports, under the Union government, received backing from the Public-Private Partnership Appraisal Committee (PPPAC) for their Rs 70.56 billion outer harbour box terminal project. This crucial endorsement enhances the prospects of maritime infrastructure development, as VOC Ports advance plans to expand and upgrade the outer harbour, aligning with strategic initiatives to bolster India's port capabilities. The PPPAC support underscores the project's viability and significance in fortifying the nation's maritime trade and logistics infrastructure. As VOC Ports progress with this substantial terminal project, it not only contributes to the regional economic landscape but also positions India for increased efficiency and competitiveness in the global maritime domain.