Bengal seeks report from Salims on deep-sea port | Latest News India - Hindustan Times
close_game
close_game

Bengal seeks report from Salims on deep-sea port

Hindustan Times | By, Kolkata
Mar 21, 2008 11:41 PM IST

Irked by the slow progress that the Centre had made on the proposed deep sea port, the state government wants to hand over the project to private players, reports Avijit Ghosal.

The West Bengal government has asked the Salims of Indonesia to prepare an initial report for the deep-sea port in order to increase the feasibility of the chemical hub at Nayachar.

HT Image
HT Image

The logic: marketing the chemical hub to prospective investors would be difficult without an adjacent port because without it the chemical hub is a non starter.

Unlock exclusive access to the story of India's general elections, only on the HT App. Download Now!

Irked by the slow progress that the Centre had made on the proposed deep sea port, the state government wants to hand over the project to private players eager to invest in the state.

The Salims are the anchor promoters of the chemical hub. “When the Salims evinced interest in the port, we asked them to submit a proposal,” industry secretary Sabyasachi Sen said.

In a guarded statement from Djakarta, Salim associate Prasun Mukherjee said, “The deep-sea port is very important for the chemical hub, but a very expensive, long-term infrastructure investment.”

In February, chief minister Buddhadeb Bhattacharjee had requested Prime Minister Manmohan Singh to allow the state to invite bids straightaway from prospective investors and developers and skip the process of appointing consultants.

Incidentally, other investors like the Videocon Group and Sajjan Jindal have also evinced interest in building this port.

Discover the complete story of India's general elections on our exclusive Elections Product! Access all the content absolutely free on the HT App. Download now!

Get Current Updates on India News, Lok Sabha election 2024 live, Election 2024 along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
  • ABOUT THE AUTHOR
    author-default-90x90

    Avijit Ghosal writes on economy, industry and politics from West Bengal. Has been doing so for more than 20 years.

SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, April 16, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On