JNPT, the Country's premier port has achieved substantial growth over the last four years.
The port is poised to scale new heights in the coming years with the execution of many infrastructure projects, said Shri Nitin Gadkari, Honorable Minister of Road Transport and Highways of India.
Shri Gadkari was speaking to reporters after the performance review of JNPT in the first 5 months of the current financial year.
"JNPT is consistently posting impressive performance in the last few years. I am very happy that implementation of various performance initiatives and infrastructure projects to increase efficiency is making good progress. This gives me assurance that JNPT will continue to hold its premier position and also transform itself into a business and growth hub for the region," Shri Gadkari said.
Shri Gadkari said that he is confident that the port would meet its target of 1 crore container handling capacity by 2022. He also the applauded the profit growth of 16% achieved last year. Highlighting the development of dry ports at Wardha, Jalna , Nashik and Sangli which will promote hinterland cargo, he mentioned that the work is in progress and JNPT is also working towards additional revenue generation of over Rs. 300 cr per year through various new projects. Speaking of the SEZ, he said that 6 plots have been allotted with the investment of Rs 170 crore and is expected to generate 2500 jobs for the locals. Other 9 plots and FTWZ are under auction.
He also expects that 80% of the SEZ land will be alloted by November 2018. To further reduce traffic congestion Shri Gadkari shared that IIT Bombay is conducting a study to find further solutions. Additionally, construction work of Rs.10 crore in underway to construct and improve the road infrastructure.
Shri Gadkari made a special mention of JNPT employees who had contributed Rs 35 lakh towards Kerala flood relief.