Kakinada, Andhra Pradesh, Jun 25 (UNI) The port city of Kakinada will soon get a ship building yard in sprawling area of 350 acres beyond the fishing harbour along the beach road, according to official sources.
Six companies, including Dubai-based Dubai Dry Docks Limited, have expressed interest in setting up the ship yard along with a dry dock. The L and T had originally evinced interest in the project, but later on favoured the location of the same in Tamil Nadu coast.
The sources said the Core committee, constituted by the State Government, was likely to finalise the site allotment next month. The allotment of lands for comprehensive port development was being done in accordance with the layout plan, prepared by the consultant L and T in 2006.
The layout plan had clearly indicated the nature of industries to be set up and the extent of land to be allotted to each of the port users. The Government had allotted 57 acres of port land to M/s GMR Energy, Chennai, for setting up of a barge mounted 200 MW power plant. While 50 acres was on the water front, only seven acres was on the shore, that too near the port administrative office on the southern side. The project was expected to be completed by June 2009.
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