(2007) Rao - Institutional Support — a Key Element for Sustainable Development of Dredging Industry in India
Dr V K M Rao, Institutional Support — a Key Element for Sustainable Development of Dredging Industry in India, IE(I) Journal – MR Vol 88, July 2007
Institutional Support — a Key Element for Sustainable Development of Dredging Industry in India
Dr V K M Rao [National Ship Design and Research Centre, Visakhapatnam]
This paper was presented and discussed at the Twentieth National Convention of Marine Engineers held at Visakhapatnam during February 24-25, 2007.
Maritime infrastructure linkages, namely, technical, financial and economic with rest of the economy have important policy implications. Inadequate port and shipping capacities for transportation requirements in the country results lack of foregone economic and commercial opportunities. The addition of adequate capacity is an immediate prerequisite to promote economic development in developing countries and India is no exception. The recent liberalized policies in the country provide tremendous opportunities for maritime sector to flourish. The paper highlights the need for the policy and management guidelines issued for institutional support for sustainable development of maritime infrastructure which inter-alia includes dredging sector. These guidelines should regulate different segments to develop in a harmonized environment by improvements in operational/ performance, quality and reliability of services required. Further, the focus should aim at increasing the value addition to the economy besides increase in capacity without huge additional investments. An integrated maritime development approach is possible only when synchronizing development measures on the physical infrastructure, operational superstructure and policy guidelines can be occurred simultaneously.
VLCC; Civil aviation; Major ports; Minor ports; Maritime management
Source :The Institution of Engineers (India)