APMT plans a $1 billion investment to develop modern ports in Andhra Pradesh, creating 8,000–10,000 jobs and boosting logistics and industry.
The MoU, signed with the state’s Chief Minister, aims to upgrade ports and build terminals to global standards. APMT will provide expertise in port development and project design.
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The scope will extend to fostering sustainable and green port operations by deploying low-emission technologies, energy-efficient cargo handling systems, and ESG-compliant practices, ensuring that Andhra Pradesh benefits fully from international best practices and long-term technical support.
A joint Working Committee with APMT and APMB will be formed by Q3 2025 to ensure effective follow-through.
The Honourable Chief Minister N Chandrababu Naidu outlined his vision of positioning Andhra Pradesh as the Logistics Hub of the East.
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The Chief Minister has committed to developing marine infrastructure such as ports, fishing harbours and fish landing centres every 50 kilometres (km) of the state’s 1,053 km of coastline.
This will reportedly create a dense maritime network that can support international trade and empower coastal communities.
Currently, the state has five non-major operational ports and four green field ports, which will be operational by 2026.
Last month, APMT Pier 400 in the Port of Los Angeles deployed two new fully electric automated straddle carriers alongside a retrofitted hybrid diesel auto-strad.