As part of joining up towards the progress of new capital Amaravati, established undertakings are beginning to extend hands. Of these, Krishnapatnam Container Terminal is currently making efforts to become a hub for construction material for Amaravati. The port is trying to promote the import of river sand from Southeast Asia for construction of new capital of Andhra Pradesh, Amaravati.
The terminal which is commissioned with a capacity of 1.2 million TEU in 2011-12 is now following a multi-pronged strategy to ensure full capacity utilization. Part of Krishnapatnam Port Company Limited, the container terminal recorded 59 per cent growth during the last fiscal year. This is the fastest leap made by any terminal, as confirmed by Capt Sriram Ravichander, the Executive Director.
Mr. Ravichander, who attended a meeting of the CII on tourism on 24 July, confirmed that they were waiting for the right time to expand the terminal’s capacity by 4.8 million in order to make it a six million TEU facility. He said they were positioning themselves as a construction hub by importing river sand from countries where heavy silt is occurring. The sand is also said to be cost effective.
Mr. Ravi Chander also added that their proposal for a warehousing and free trade zone at Siri City at Tada near the port would prove to be a double advantage. “We expect to become a gateway to cement exports,” he said. Lot of fly-ash brick units have come up in the region due to location of power plants.
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