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Japanese companies show interest in Dighi Port

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Japanese companies have shown interest in investing in Dighi Port Ltd. Takaya Imai, Director General, Ministry of Economy, Trade and Industry, Government of Japan said that Japanese could set up a power project, LNG terminal and other manufacturing activities and creating logistics facilities.
Dighi Port is situated in the Raigad district of Maharashtra, which also has a Special Economic Zone. The new Dighi port is around 40 nautical miles away from Mumbai and is expected to start operations in the next month. The port has made very impressive progress in completing and is very well equipped port.
A Japanese delegation led by Mr. Takaya Imai, visited Dighi Port on Thursday to have on-the-spot study of the infrastructure facilities. Dighi Port is a part of the prestigious Delhi Mumbai Industrial Corridor (DMIC) node, which is being developed with Japanese government financial assistance.
Many Japanese companies with help of the government are keen to invest in western Maharashtra especially the state of Maharashtra in areas such as power, LNG, automobiles and agri-business. Other companies are watching closely on India for making investment and are making preliminary study to set up their project in and around Dighi port which is inclusive of Special Economic Zone (SEZ) and Free Trade Warehousing Zone (FTWZ) added Mr. Imai.
Vijay G Kalantri, Chairman & Managing Director, Dighi Port Ltd said the Japanese delegation was impressed with the progress of the Dighi Port as the port has over 1000 acres of land bank and latest facilities to make it efficient port and cater to the needs of importers / exporters.
He further said that companies such as Posco, Jaypee Associates and Essar Group have already announced their investment plans at the Dighi Port.
Dr. Kshatrapati Shivaji, CEO, Maharashtra Industrial Development Corporation (MIDC) who accompanied the Japanese Delegation said, he expects large-scale-investment by Japan along the DMIC stretch of Maharashtra.
Vishal Kalantri, Director, Dighi Port Ltd. said that this is a multi-purpose port which will handle bulk ,break-bulk, liquid, gas and container cargo. 3 berths will be operational by April 2011 and all the 5 berths shall be operational by the first quarter of 2012. The total installed capacity of the port when fully commissioned shall be 30 mn tonnes.
Saibal K, De, Chief Executive IL&FS Maritime company, co-developer of Dighi Port, said one of the three berths being developed in the first phase is ready. The port, with a draught of 12.5 meters, hopes to handle cargoes such as coal, steel and automobiles. To begin with it will handle bulk and break bulk cargo and subsequently move to liquid cargo.

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