Visakhapatnam Port signs Rs 300 cr deal for flyover to ease cargo traffic

Quick Summary:

The Visakhapatnam Port Authority signed a Rs 300 crore agreement with Rail Vikas Nigam Ltd (RVNL) on Thursday to construct a flyover aimed at reducing congestion and enabling seamless cargo movement via road and rail traffic towards the port.

Designed to improve traffic management and cargo evacuation, the project will cover the areas surrounding the port and critical parts of the city leading to it.

"The agreement pertains to the construction of a flyover bridge connecting Seahorse Junction to the dock area at Vizag Port.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Rail Vikas Nigam Deal Visakhapatnam Flyover Visakhapatnam Port Cargo traffic

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 20:59:12 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 202 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 34 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24820515

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