Investor Presentaiton
New Avenues - Inland Water Transport
·
Memorandum of Understanding
MBL
MBL Infrastructures Ltd.
PIACENTINI
COSTRUZIONI
Piacentini Costruzioni is an Italian company
engaged in the construction and civil
engineering business with expertise in major
and complex maritime works.
MBL is looking to enter into civil engineering
projects for construction of ports, harbour/
marine structures, water supply/ sanitation,
bridges, viaducts and elevated structures and
has signed an MoU with Piacentini for the
same.
•
Prospects
MBL
Creating Highways to Success
Inland Water Transport (IWT) offers a cost effective,
environment friendly and fuel efficient mode, specially
for bulk cargo, hazardous goods and over dimensional
cargo - so vital for industrial development.
• Currently, inland waterways in India are functioning in an
organised manner only in a few areas, such as Goa,
Assam, West Bengal and Mumbai, apart from Ganga,
Brahamaputra and Champakara and Udyogmandal
canals.
• Development of inland waterways can improve vastly the
capacity for the transportation of goods.
Announced Investments in Inland Waterways:
•
A project on the river Ganga called 'Jal Marg Vikas'
(National Waterways-l) will be developed between
Allahabad and Haldia to cover a distance of 1,620 kms,
which will enable commercial navigation of at least 1,500
tonne vessels. The project will be completed over a
period of six years at an estimated cost of Rs 4,200 crore.
(Source: Budget Speech 2014-15, Finance Minister; Inland Waterways Authority of
India, Annual Report 2012)
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