Development of a Multi-Modal Logistics Park (MMLP) near Chennai and
feasibility to run a ferry service between Chennai and Karaikal in Puducherry
are some of the projects for which MoUs will be signed with various agencies by
the Chennai Port Trust (ChPT) at the Maritime India Summit 2021 to be held
online from March 2 to 4.
“We plan to sign 15 MoUs with various agencies at the summit,” ChPT
chairman P Raveendran told newspersons while disclosing some of the salient
features of the event to be inaugurated by Prime Minister Narendra Modi.
MoU with TN to
develop MMLP on 125 acres at Mappedu in Tiruvallur district
An MoU will be signed with the Tamil Nadu government (through the Tamil
Nadu Industrial Development Corporation) and National Highways Authority of
India (NHAI) to form a Special Purpose Vehicle (SPV) to develop the MMLP on 125
acres at Mappedu in Tiruvallur district at a cost of around Rs 1,500 crore, he
Chennai Port Trust’s investment will be land. The State government has
sanctioned Rs 50 crore for the project
and the NHAI will provide connectivity and flyover to the Chennai-Bengaluru
high-speed corridor, he added.
ChPT with Puducherry
govt and Karaikal port for a ferry service from Chennai to Karaikal
He also said that the ChPT will sign an MoU with the Puducherry government
and the Karaikal port for a feasibility study to operate a ferry service from
Chennai to Karaikal. Incidentally, this project was suggested by the Union Road
Transport Minister Nitin Gadkari during his recent visit to the city.
S Balaji Arun Kumar, Deputy Chairman, ChPT, said MoUs will also be signed
with IIT Madras; the National Institute of Ocean Technology;and Dredging
Corporation of India and will be followed by firm legal agreements, he said.