The Andhra Pradesh government has approved a detailed project report (DPR) of the Ramayapatnam Port in Prakasam district of the state to take up the first phase of the project at an investment of ₹3,736 crore, and the project will be commissioned in 36 months. Industries Minister M Goutham Reddy informed, that the state government would provide ₹100 crore for land acquisition. The port is expected to handle granite and tobacco exports from Prakasam and the neighbouring Guntur districts respectively. Currently, these industries are largely dependent on Krishnapatnam and Chennai ports. It may be recalled that the then TDP government had given the nod for the port proposal and issued orders allotting 2,500 acres of land for the project and the CM had also laid the foundation stone for the mega project.
Source: nbmcw