The Cabinet Committee on Economic Affairs (CCEA) has approved expansion of the existing container terminal at Visakhapatnam port.
The port trust will expand the existing terminal on DBFOT basis. The work estimated to cost Rs 633.11 crore is expected to be commissioned within 30 years. The expansion plan will enhance the container handling capacity of Visakhapatnam port from 0.4 million TEUs (Twenty Foot Equivalent Units) to one million TEUs.
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