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Approach of Government of Kerala
towards Investment in Ports
Government of Kerala, considering the above status and
taking into account the potential, decided to initially
focus on the following seven ports for development. They
are: 1) Vizhinjam 2) Thankasserry 3) Alappuzha 4) Munambam
5) Ponnani 6) Beypore 7) Azhikkal.
Development of these ports would require substantial
investments. Budgetary resources of the State Government are
largely used for social infrastructure leaving inadequate
resources for large new initiatives like ports. Annual
budgetary plan of the State Government normally allocates
small amounts towards putting up of basic infrastructure at
these ports and marginal upkeep of existing facilities.
Private Sector Participation
Recognizing the need to develop the ports in a time bound
manner, but not having adequate resources for the same,
Government of Kerala decided to encourage private sector
participation. The Government is committed to seek private
sector investments into the Port sector and therefore create
a framework for such participation through this Port Policy.
State level policy interventions for enabling infrastructure
development in a Public-Private Partnership format
strengthen this Policy.
Business of Ports
Investment in the "business of ports" has the potential to
drive the economic development of the State. Business of
ports will include development and operations of port
infrastructure as also port related industries.
Thrust on Port Development
In order to promote industrial activity in the State,
Government of Kerala has identified the port sector as a
major thrust area. Government of Kerala encourages setting
up of new port facilities, support infrastructure &
upgradation of existing facilities along with installation
of modern & efficient handling equipments.
Private Sector Participation in Port Development & Operation
In line with the reforms initiated by the Government of
India, through liberalisation, the Government of Kerala
solicits Private Sector participation to bring in efficient
port and related infrastructure to the state and develops
them as modern and competitive ports.
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