Greenfield development setbacks at Indian ports
In 2009-2010, the private sector handled 34% of all cargo passing through Indias ports, compared with 27% in the previous year, a figure which is expected to rise to 50% within the next five years, according to new figures.
The majority of new greenfield developments have been financed by the private sector, which is also increasing its participation in major ports throughout the sub-continent through private-public partnerships.
However, Indian greenfield development has been dogged by various problems, including land acquisition and environmental clearance, which has unexpectedly pushed up costs because of time overruns. In addition, this has a knock-on effect involving connecting road and rail networks.