The Paradip Port, the second largest Major Port in terms of cargo handling, has executed as many as 27 memorandums of understanding (MoUs) with various stakeholders to enhance the economic growth of Odisha and the country as a whole under the Maritime India Summit (MIS) 2021 to be held from March 2 to 4. The MoUs were signed by respective HoDs and senior officials of the Paradip Port Trust (PPT) and senior officials of the representing organisations in the presence of PPT Chairman Vinit Kumar and Deputy Chairman AK Bose. The PPT Chairman appealed to everyone to make the Maritime India Summit a grand success. He shared with the media the details about the upcoming sessions and process of registration to participate in the mega event.
Moreover, there would be a special session on “Investment Opportunities in Odisha” on March 3, which would be chaired by State Commerce & Transport Minister Padmanabha Behera and also attended by senior State Government officials and heads of leading industries on a virtual mode.
Out of the 27 MoUs, 15 are worth Rs 3,878.81 crore under the category of projects for development of a world-class port; two are for coastal shipping hinterland connectivity and a multimodal logistics park, both worth Rs 355 crore; two are for port infrastructures focusing on liquid cargo worth Rs 5,382.64 crore; four for port-led industrialisation worth Rs 16,218 crore; and four under the category of promoting cargo and passenger movement and seaplane tourism worth Rs 1,616 crore.
The Union Ministry of Ports, Shipping & Waterways will conduct the Maritime India Summit, which intends to be a powerful platform for international collaboration with partner countries for mutual exchanges of knowledge and opportunities and also leading towards an Atmanirbhar Bharat.