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‘Sorry, no money’: Modi govt denies funding for Mangaluru-Maravanthe ferry project
['Cd Web Desk']
coastaldigest.com - The Trusted News Portal of India
The projects were expected to enhance marine tourism, improve coastal connectivity and provide an alternative mode of transport along Karnataka’s coastline.
According to the minister, the proposals highlighted the potential for marine tourism, water sports and passenger ferry services along Karnataka’s 320-km coastline.
Earlier this year, the Karnataka Maritime Board proposed developing a 110-km coastal passenger ferry corridor between Mangaluru and Maravanthe at an estimated cost of Rs 37.8 crore.
The project envisaged five terminals—Old Mangaluru Port, Hejmadi, Malpe, Kota and Maravanthe—and a concession period of 20 years.
It was also expected to improve regional connectivity, promote sustainable transport and strengthen coastal tourism.