R&B projects to be sanctioned to the state - Nitin Gadkari

Speaking here at the partnership summit of the Confederation of Indian Industry (CII) on Saturday at a session on industrial corridors, Nitin Gadkari Union Minister of Roads, Transport and Highways, said that Industrial Corridors and the Sagarmala project will be an tremendous boost to the country economy by bringing down the logistics cost substantially. Government was planning to spend Rs 15 lakh crores on the Sagarmala project and Rs 4 lakh crores would be spent on port modernisation and mechanisation projects, he said.
The minister speaking of the Visakhapatnam Port, schemes worth 1665 cross rupees are already been executed and for ongoing projects we are spending Rs 2,700 crores. Very soon, we we will take up projects worth Rs 1,200 crores or so. On the whole, we will be taking up projects worth Rs 6,000 crores in the near future, he said.

The Buckingham canal, which is now the National Waterway Four, would be revived from Kakinada-Chennai and onto Puducherry. Andhra Pradesh government would be taking up the project along with Dredging Corporation of India, Visakhapatnam Port and other private companies. The project is worth of 2000 crore rupees, he added.

The road link between Visakhapatnam and Raipur which is sought by the Chief Minister, would be considered and the feasibility of the project would be examined, Mr.Gadkari said. He also talked about the various road projects in Andhra Pradesh that are taken up the ministry. “We are giving top priority to the State. The new capital, Amaravati, will be linked by road to all parts of the State and we will also invest in infrastructure projects. I assure the people of the State that at least projects worth Rs 1 lakh crores would be sanctioned for AP during our five-year term on roads, ports and other infra projects.”

Later, the National Highways Authority of India (NHAI) and the AP state officials signed and exchanged MoU documents for road projects in the new capital (Amaravati) region and other parts of the State. The total cost of the road projects was put at nearly Rs 1 lakh crore.

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