India to create $9bn mega port Near Mumbai
The Indian government has approved the development of a new deep-water port, Vadhavan, on the country’s western coast.
Located about 150 kms from Mumbai, Vadhavan is part of a strategic initiative to establish sea and rail links connecting India with Europe through the Middle East. The port’s construction, with an estimated cost of approximately $9.14bn, will commence soon; the first phase expected to be completed by 2029.
The Vadhavan port will feature terminals capable of accommodating “mega vessels” and handling petroleum, automobiles, and other imports.
Vadhavan has a natural draught of up to 20 meters (65 feet), allowing it to handle the largest ships in the world. It will be an all-cargo port with zones for containers, dry and wet bulk. The government will reclaim 1,448 hectares of sea area and construct over six miles of offshore breakwater along with container and cargo storage areas. The port will have a total annual capacity to handle nearly 300m tonnes of cargo. By 2035, they expect the port will handle 15m teu annually, growing to 23m teu by 2040.
Find out more about this new development in Mumbai by clicking this link.