A much needed venture

19/08/2019

A dry port is an inland intermodal terminal directly connected by road or rail to a seaport and operating as a centre for the transshipment of sea cargo to inland destinations.Over one and half year after conceiving the idea, the State Government has shelved the plan to set up first-ever Dry Port in Jammu region in joint venture with Dubai Ports Group. Now, it has decided to go ahead through Jammu and Kashmir State Industrial Development Corporation (SIDCO) but without chalking out any firm strategy in this regard. The announcement regarding construction of first-ever Dry Port in Jammu and Kashmir was made in general budget for 2018-19 in order to attract Foreign Direct Investment and to boost local economy. The decision was based on the long pending demand from the local industrialists, who are of the stand that such a facility would go a long way in helping the industry in reducing transportation and other costs. In the month of February 2018, it was announced by the Government that Dry Port will come up in Samba district and the Government and Dubai Ports Group, which is operating 78 marine and inland terminals supported by over 50 related businesses in 40 countries across six continents with a significant presence in both high-growth and mature markets, inked a pact for a joint venture involving maiden Rs 1500 crore Foreign Direct Investment for setting up of inland logistic hubs in Jammu and Srinagar capital cities.
Even 100 acres of land in Samba district was identified by the Government through Jammu and Kashmir State Industrial Development Corporation (SIDCO) and it was stated that remaining 400 acres of land would be provided in due course of time. However, Dubai Ports Group rejected the site on the ground that it was around four kilometres away from the Samba Railway Station. Thereafter, neither the State Government identified alternate and feasible land nor Dubai Ports Group came forward for further talks on setting up of Dry Port and now the Government has completely shelved the plan and due to this the plan to attract Rs 1500 crore Foreign Direct Investment has failed to yield the desired results. The Government should have identified the required chunk of land that too in the close vicinity of railway line before holding parleys with the Dubai Ports Group as it was aware of this basic requirement. Had this been done the time-frame of over one and half year would not have been lost and some headway could have been made in setting up of first ever Dry Port. Now, the Government has decided to go ahead with the setting up of maiden Dry Port through SIDCO and on the directions of the Advisor concerned 1230 kanals and 7 marlas of land has also been identified at village Forelain in Ghatti area of Kathua district. Of this, 950 kanals is State land while as rest is private land. It would be only after completion of land acquisition proceedings that further plan can be formulated otherwise setting up of Dry Port through SIDCO would also meet the uncertain fate.

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