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Shri Nitin Gadkari lays foundation stone for Cochin Shipyard’s Rs 970-crore International Ship Repair Facility

Cochin Shipyard (CSL) commenced its ambitious project of turning Kochi as an international ship repair facility with the Minister of Shipping, Road Transport and Highways and Water Resources laying the foundation stone for it; it is Rs 970 crore project.

For this project, Cochin Port Trust has leased out a 40-acre plot; this ambitious facility is being built at Cochin Port Trust. Once the facility becomes operational, CSL will be able to repair up to 85 vessels; double the number of vessels thus can be repaired every year.

CSL will set up a ship lift system of size 130 m x 25 m with lifting capacity of 6000 tonnes and 6 work stations.

The facility will help boost India’s share in commercial ship repair market and the Industry will also generate about 6000 direct and indirect jobs and it will also give rise to a number of ancillary industries in the state, said the Shipping Minister Nitin Gadkari who performed the ground breaking ceremony for the project.

Shri   Gadkari also inaugurated, according to an official release, the conference Build The Ship – 2017 organized by the Ministry of Shipping in Cochin today.  The event deliberated upon  the recommendations of a study regarding the growth strategies  for promotion of Shipbuilding, Ship Design, Ship Repair and Marine Ancillaries in India.

 

At the conference the Minister announced the start of Center of Excellence in Maritime and Shipbuilding(CEMS), a start up in skill development for maritime and shipbuilding sector. CEMS will have campuses at Vishakhapatnam and MumbaiIt is being set up by the Ministry of Shipping in collaboration  with  Siemens under the flagship programme Sagarmala. CEMS will provide industry-relevant skill development, equip students with employable engineering and technical skills in the port and maritime sector and contribute to the Government of India’s ambitious Sagarmala programme. It will help  meet the domestic skill requirement in ship design, manufacturing, operating and Maintenance, Repair and Overhaul (MRO) and  aims to become an international nodal centre in South Asia, attracting students from neighboring countries like Sri Lanka, Bangladesh, Thailand, Malaysia and Indonesia for skill development in the Port and Maritime sector. This initiative will also add  to the Make in India and Skill India efforts in the maritime sector. Shri Gadkari unveiled the logo of CEMS at the launch event in Cochin today.

A joint venture b/w CSL & HDPEL- Hooghly Cochin Shipyard Ltd. ( HCSL) has been incorporated with CSL 74% and HDPEL 26% shares in HCSL. A Shareholders agreement was signed between CSL and HDEPL at the conference today, for taking over manufacturing facilities of HDEPL in Kolkata. With this, CSL is setting the stage for revival and strengthening of maritime heritage in Kolkata.

 

Shri Gadkari also visited Munnar where he laid the foundation stone for rehabilitation and upgradation of NH 85 from Bodimettu to Munnar to two laned with paved shoulder. The 42 km project has an estimated cost of Rs 380.76 Crores.

 

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