Odisha's Mega Maritime Boost: New Jetty and Port Expansion Set to Create 8,450 Jobs
The Odisha government inked two concession agreements to enhance maritime infrastructure by setting up a jetty near Paradip and expanding Gopalpur Port. With a total investment of Rs 18,654 crore, these projects aim to make Odisha a maritime trade hub and generate approximately 8,450 jobs.
- Country:
- India
The Odisha government has taken a major step toward enhancing its maritime infrastructure by signing two concession agreements. One agreement involves the construction of a captive jetty near Paradip, while the other focuses on expanding Gopalpur Port. These initiatives reflect the state's robust industrial growth strategy.
With an investment of Rs 18,654 crore, the projects are expected to create approximately 8,450 direct and indirect jobs. The jetty, managed by JSW Utkal Steel Limited, will handle 52 million metric tons of cargo annually, while the upgraded Gopalpur Port will boost its capacity to 50 million metric tons, contributing significantly to Odisha's economic development.
Chief Minister Mohan Charan Majhi highlighted the importance of public-private partnerships in driving these projects. The agreements are part of a broader plan to establish new ports and develop existing ones. The state aims to become a leading maritime trade hub with the involvement of prominent companies like JSW Steel and Adani Ports.
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