(a) whether the Government is considering the proposal relating to construction of a State of the art port at Islands in Bay of Bengal by KPT with the capital investment to be made by Mitsui Corporation of Japan and Japan International Cooperation Agency, Zica, Japan;
(b) if so, the details thereof; and
(c) the total expenditure likely to be incurred on construction of said port and the number of phases in which the work of docks, godowns and yards is likely to be completed?
MINISTER OF SHIPPING, ROAD TRANSPORT AND HIGHWAYS (SHRI T.R. BAALU)
(a) & (b) A request to Japanese Authorities through Department of Economic Affairs, Ministry of Finance has been made for undertaking the techno-economic feasibility study for construction of full-fledged port facilities at Sagar Island, 145 Kms South of Kolkata in Bay of Bengal. There is no proposal for investment to be made by Mitsui Corporation of Japan.
(c) As per rough estimates, the project is estimated to cost around Rs.2300 crores. However, a realistic estimate of cost, phasing of expenditure etc. would be available only after the feasibility study is carried out.