Marina project to decongest dock at Gateway of India
MbPA to develop project; previous tender scrapped.
1 min read
The Marina Project at Princes Dock was previously proposed to be carried out via Public Private Partnership wherein the appointed concessionaire has to design-build-finance-operate it for 45 years. (Express File Photo)The Mumbai Port Authority (MbPA) will appoint a new consultant for the proposed Marina project to be constructed in South Mumbai which was proposed as a parking facility for 300 yachts at Princess Dock, thereby helping decongest Gateway of India.
The previous tender was scrapped following a dull response. While MbPA had offered two acres of land for the Marina, the participants had expressed a desire for the entire six-acre parcel for commercial exploitation which was unacceptable to MbPA.
Following this, MbPA decided to develop the Marina itself instead of hiring a contractor for the job.
The official said that the Marina project will increase the value of the land parcel, and so MbPA will develop it on its own. A fresh proposal will be sent to the Centre, but prior to that a consultant will be appointed.
The Marina Project at Princes Dock was previously proposed to be carried out via Public Private Partnership wherein the appointed concessionaire has to design-build-finance-operate it for 45 years.
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