Meeting with Nitin Gadkari, the union minister for Transport, Highways and Shipping at the ongoing Maritime Summit India; Nara Chandrababu Naidu will finalize the construction of Antharvedi Dredging Harbour.
CBN had earlier announced the construction dredging harbour at Antarvedi in East Godavari district by Dredging Corporation of India (DCI); six month ago during Amaravati foundation stone laying ceremony in October, 2015.
In a bid for the maritime based development under the Sagaramala project in the state; the state government has already submitted proposals to the central government with an estimated budget of Rs 4,000 crores and this dredging harbour is one among them.
This dredging harbour is first of its kind in the country and third in the world, as it not only facilitates the dredges from India, but also the entire South Asia. A 200 acre piece of land has been allocated by the state government for this purpose.
Dredging retains navigable water depth by getting rid of sedimentation and is crucial to maintain ports, harbours, marinas and shipping channels.
Rs. 460 crores is said to be required to finish the first phase of the project whose overall cost is around Rs. 1800 crore.