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Centre plans two shipyards on PPP basis

Wednesday, 11 Oct 2006
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The Union government is planning to develop two major shipyards - each in eastern and western region of the country on a public-private partnership basis.

Apart from building new shipyards, the Centre will also renovate the existing Hindustan Shipyard at Visakhapatnam and has selected 187 minor ports that will be developed as major ports to increase the maritime trade.

It is also assured that in the coming years around 70 new container terminal projects will come up adding to the existing 27.

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