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Govt, Hyd firm ink deal for Cuddalore port ops
The New Indian Express Vellore
|July 05, 2025
IN a move to unlock the commercial potential of its minor ports, the state government has signed a memorandum of understanding with Mahathi Cuddalore Port and Maritime Pvt Ltd to operate the Cuddalore port under a public-private partnership model.
The agreement, formalised on Saturday at the secretariat in the presence of CM MK Stalin, marks a significant step in TN's strategy to expand maritime infrastructure and attract private sector participation in port operations.
The port operator was selected through a competitive process after the Tamil Nadu Maritime Board issued an expression of interest inviting private firms to operate the port.
Dit verhaal komt uit de July 05, 2025-editie van The New Indian Express Vellore.
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