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Bengal seeks report from Salims on deep-sea port

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.

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

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.

 
ABOUT THE AUTHOR
Avijit Ghosal

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

Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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