The government of Karnataka will infuse more than Rs 3,000 crore in the development of two greenfield ports in the state.
The state government, along with the Karnataka Maritime Board, is committed to develop the maritime infrastructure and inland water transport in Karnataka.
A greenfield port is being developed under PPP model at Honnavar in Uttara Kannada district at the cost around Rs 600 crore. In addition, more than Rs 3,000 crore is likely to be invested in greenfield ports such as Belekeri and Pavinakurve in Uttara Kannada district.
Apart from this, projects worth about Rs 1,172 crore are also being developed under the Sagarmala scheme in the state.
The state is inviting private players to participate in the development of maritime infrastructure. Though the state has 12 non-major ports and one major port, a lot of value unlocking has to be done in the maritime sector.