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AP sets sail with major maritime projects to dominate East Coast
The New Indian Express Anantapur
|March 17, 2025
With ₹400 crore allocation, new ports at Mulapeta, Ramayapatnam, Machilipatnam, Kakinada SEZ are poised to unlock $20 billion blue economy by 2035
ANDHRA Pradesh is making major strides toward becoming a key player in India's maritime future with major investments in four greenfield ports.
These new ports—Mulapeta in Srikakulam, Ramayapatnam in Nellore, Machilipatnam in Krishna, and Kakinada SEZ—are set to transform the State's maritime infrastructure, backed by a ₹400 crore allocation in the FY 2025-26 budget.
With the long coastline of 1,053 km, Andhra Pradesh is poised to unlock a $20 billion blue economy by 2035.
The investments allocated for these ports include ₹100 crore for land acquisition at Mulapeta (Bhavanapadu) in Srikakulam, ₹50 crore for Kakinada SEZ, ₹150 crore for Machilipatnam, and ₹100 crore funding for the first phase of Ramayapatnam.
Cette histoire est tirée de l'édition March 17, 2025 de The New Indian Express Anantapur.
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