Chief Minister Y.S. Jagan Mohan Reddy formally launched the ₹5,156 crore Machilipatnam Port works by unveiling the pylon and offering special prayers near the sea on May 22 (Monday). The construction of the port, with an initial cargo handling capacity of 35 million tons, is scheduled to be completed in two years.
Addressing a public meeting at Machilipatnam soon after launching the port works, the Chief Minister said the capacity of the four-berth deep-water port would be increased to 116 million tons as the cargo traffic grows.
“The port is becoming a reality as the government has completed the land acquisition, finalised the tender process and completed financial closure besides obtaining all permissions by resolving legal hurdles created by Chandrababu Naidu for his selfish ends,” he said.