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Maharashtra Government Plans Rs 4,150 Crore Integrated Maritime Complex Near Vadhan Port To Strengthen Shipbuilding Sector

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Maharashtra has moved a step closer towards establishing itself as a major maritime and shipbuilding destination with plans for a massive integrated maritime complex in Palghar district and fresh expansion proposals from Mazagon Dock Shipbuilders Limited (MDL).

The proposed United Sadhav Integrated Maritime Complex at Nandgaon in the Wadwan region is expected to attract investment of nearly Rs 4,150 crore and transform the coastal belt into a large-scale shipbuilding, repair and marine services hub.

Fisheries and Ports Minister Nitesh Rane said the project would play a key role in strengthening Maharashtra’s maritime economy and positioning the state as a global centre for maritime industries.

The project, proposed near the upcoming deep-water port at Vadhan, is planned across nearly 600 acres and will include shipbuilding and repair facilities, dry docks, offshore marine services and an environmentally sustainable ship recycling centre.

According to officials, the first phase of development is expected to begin within the next two years.

The developers have sought long-term land allocation on a renewable 30-year lease along with mega project status, infrastructure support, capital assistance, streamlined approvals and skill development backing from the state government.

Source: SWARAJYA

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