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Intl Seaports To Start Work On 2 Projects

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:54 AM IST

International Seaports (India) Pvt. Ltd (ISPL) is finally set to begin construction work at its two port infrastructure projects in the country, after a three-year delay.

The company, a wholly owned subsidiary of Singapore-based International Seaports Pte. Ltd (ISPL), will begin work at Kakinada in Andhra Pradesh and Dhamra in Orissa. The expected investment in those projects is nearly Rs 1,800 crore.

T V Anantharaman, chief executive of ISPL said,

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