Thursday, December 31, 2015

AP announces Port Policy, to constitute Maritime Board

Andhra Pradesh government announced to adopt the A.P. Port Policy 2015. The new policy seeks to address issues and challenges like diversification of cargo, diversity of locations, increasing strategic depth of hinterland, enabling market-oriented development and enabling institutional mechanism.
  • The State has one major port at Visakhapatnam besides 14 non-major port.
  • The State targetted to achieve 15 per cent share in cargo handling by 2019 and25 per cent by 2025.
Aim of the policy :
To harnessing the advantages of the 974-km long coastline, the third longest in the country which is strategically located to transform the State’s vision of making Andhra Pradesh a gateway and logistics hub.
Key points :
  • AP Capital : Hyderabad
  • AP CM : Chandrababu Naidu
  • AP Governor : E. S. L. Narasimhan

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