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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) 25 25
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