(a) whether the Government has allowed private sector participation and permitted
upto 100% F.D.I. for construction and maintenance at major ports and harbours;
(b) if so, the details, terms and conditions thereof;
(c) the cost involvement by the private companies;
(d) whether the Government proposes participation of private sector to run
some major ports; and
(e) if so, the details thereof?
MINISTER OF THE STATE IN THE MINISTRY OF SHIPPING (SHRI G. K. VASAN)
(a) to (b): Yes, Sir. Private sector participation is permitted for construction and maintenance
at major ports and 100% FDI is allowed in the port sector under the automatic route.
(c): Under the National Maritime Development Programme (NMDP), out of the total investment
of Rs.55,803.73 crores envisaged for the port sector, Rs.34,505.34 crores is expected as
investment by the private sector.
(d) to (e): No, Sir. There is no proposal to allow participation of private sector
to run any major ports under the administrative control of the Ministry.