Odisha announces Rs 46,000 cr. investment plan with new port, shipyard, cruise terminal

Odisha Chief Minister Mr Mohan Charan Majhi has announced the establishment of a new port at Bahuda in Ganjam district and a shipbuilding and repair centre at the Mahanadi river mouth near Paradip, together attracting investments worth over Rs 46,000 crore. The announcement came during celebrations marking Paradip Port’s foundation day and the traditional ‘Boita Bandana Utsav’ in the port town. He also revealed plans for a world class cruise terminal in Puri, aimed at positioning Odisha as a prominent hub for trade, tourism and coastal development. The state government and Paradip Port Authority jointly plan to construct a large port at Bahuda with an investment of Rs 21,500 crore. The shipbuilding and repair centre will be established with an investment of Rs 24,700 crore, as per a report.

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