Gadkari To Lay Foundation Of `18 Bn Dry Dock


The commercial shipbuilding industry in India is worth `32 billion and focuses primarily on small-medium sized offshore vessels and cargo/bulk carriers. Union Minister Nitin Gadkari will lay the foundation for India’s largest `17.99 billion dry docks at Cochin Shipyard, a move that will equip Cochin Shipyard to build specialised and technologically advanced large vessels. The project is expected to be completed by May 2021 and generate employment opportunities for about 2,000 people. It will also help make Cochin a one-stop maritime hub for all repair needs in South East Asia.

Two 500 capacity passenger vessels built by CSL for Andaman and Nicobar Islands administration will also be launched on the occasion. These vessels will help enhance intra island connectivity.

He will also lay the foundation stone for three National Highways projects in Kerala, costing `15.57 billion at an event in Eranholi in Thalassery in Kannur district. These would include the construction of the 18.6 km, 4 lane Thalassery – Mahe bypass (NH-66) at a cost of `11.81 billion; construction of 0.78 km, 4-lane Railway Over Bridge near Neeleshwaram town (NH-66) at a cost of `820 million and widening of 46.72 km from Nattukal to ThanavuJn (NH-66) to two lane with paved shoulder at a cost of `2.94 billion.