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Ponnani port to be developed with an investment of Rs. 20000 million

Malabar Ports Pvt Ltd, a Chennai based consultant had submitted a master plan for development of the port to the state government. The port is likely to be developed through public-private partnership. The first phase of the project is likely to be completed in 3 years and will entail an investment of Rs.7630 million. It will developed as an all weather port and can handle 50,000 DWT. The project is proposed under Swiss Challenge Method

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