Sagar Mala Project

15/4/2016
Project development

Re 1 trillion

$ 15 billion

Announced

15/4/2016


Overview:

  • The Sagar Mala Project is a government initiative that aims to improve India's maritime infrastructure through moderninsing existing ports in India, connecting the ports with the hinterland, developing the inland and coastal waterways, as well as setting up new ports. 
  • Under the Sagar Mala project, there will be at least six new mega ports built. 
  • The current Indian government will try to implement the projects before completion of its tenure in May 2019.

Wai Yee Tsang - Journalist Asia-Pacific

Jurisdiction:

India

Deal type:

Project development

Practice area:

Project development

Industry sectors:

Transport
Shipping


Firm:

Party: Government of India (Project developer)

Lawyer: Rupin Pawha