Karnataka ranks 3rd in value terms for projects under bidding in the ports industry in the public private partnership (PPP) sector as of 30 April, 2013, according to a study titled 'Port Developments in India' by Assocham, a trade body. Gujarat and Kerala occupies first and second place, the study sai. A statement from Assocham said that With 3 projects worth over Rs 3,200 crore, Karnataka ranks 3rd with share of about 40% in value terms for the projects under bidding. However, there are no port projects that have been finished or are under construction in the PPP mode in Karnataka.
Kerala has the maximum share of about 40 per cent with 2 port projects worth over Rs 5,500 crore under bidding as of the aforesaid period; 1 finished port project worth over Rs 700 crore has been put to service delivery under the PPP model, while 2 projects value over Rs 6,200 crore are under construction.
While 21 PPP projects in the port industry with a share of 52 per cent worth over Rs 43,000 crore are under construction, 8 projects worth about Rs 14,000 crore with a share of about 17 per cent are under bidding. Of the remaining, one project is in the expression of interest stage (EOI) and one has been cancelled, the national secretary general of Assocham, DS Rawat said.