JNPT's SEZ project to attract Rs 3,000 cr investment

Alka Kshirsagar Updated - March 12, 2018 at 06:15 PM.

The Jawaharlal Nehru Port Trust (JNPT) has undertaken an SEZ project on 2,077 hectares of land near the port which is expected to attract Rs 3,000 crore of private investment and create close to 1.5 lakh jobs in the area.

Speaking at the CII International Logistics Summit in Mumbai, N N Kumar, Chairman, JNPT, said that other initiatives include doubling of the 44 km road network to the port to eight lanes from four lanes, building a multimodal logistics park on 100 hectares to facilitate movement of goods to ports, and tying up with APEC to set up a training centre at the port.

JNPT is implementing the 4th terminal with Singapore Port Authority making it one of the biggest FDI investments in India, he said, adding that the Port of Antwerp is willing to join JNPT for another project.

The Government is also working on the 'Sagarmala' project under which it plans to develop coastal economic regions for port led-development, Kumar said.

Published on December 12, 2014 11:01