Centre likely to identify five coastal shipping projects for PPP in FY24

The aim is to connect vital, high-demand economic areas which have an infrastructure deficit or traditional transport like roadways and railways that have reached saturation

Dhruvaksh Saha | New Delhi
Last Updated at March 7, 2023 22:53 IST

Photo: Bloomberg

As part of its plan to reorient national logistics, the Centre is likely to invite private participation in five coastal shipping projects with a provision of viability gap funding (VGF) in the approaching fiscal year (2023-24, or FY24), Business Standard has learnt.

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