ASIA

Chennai commits investment

18 years ago

Chennai Port Trust will invest € 267m ($361.2m) over the next two to three years as throughput in the last financial year rose 13%. Half of this investment will be spent on a new dedicated elevated expressway linking the port with National Highway 4.

In addition, road and rail networks inside the port are being realigned to expedite faster movement of traffic. Consultants have suggested that Chennai concentrates on container and vehicles traffic in future.