Centre proposes major port at Vadarevu in A.P.

Union Shipping Minister Nitin Gadkari has mentioned that the Centre plans to build a port at Vadarevu in Andhra Pradesh's Praksam district, even as the state government insists that the port be developed in Nellore district.
He mooted the idea of forming a special purpose vehicle with the state government to build the new port.
According to the minister,"Visakhapatnam Port is saturated. We need a new port. We have identified Vadarevu as a prospective location and we require 3,000 acres of land. We will float an SPV with the state government and develop the port, which will also lead to industrial development in the region," he said.