During his day-long visit to Ranchi, Prime Minister Narendra Modi launched several important developmental projects for the state including a Multi-Modal terminal at Sahibganj.
Built under the Jal Marg Vikas Project, at a cost of Rs. 290 crore, the project has been completed in record time of 2 years. It was Prime Minister Narendra Modi who had laid the foundation stone for the project in 2017.
The Sahibganj terminal will play an important role in the development journey of Jharkhand and Bihar acting as a gateway for industries in these states, and connecting them to global markets
This is the second riverine multi-modal terminal in the country, the first has been built in Varanasi and was inaugurated in November, 2018 by Prime Minister Modi.
The terminal will specially benefit the coal sector, stone chips, fertiliser, cement and sugar industries. Acting as a point of convergence for Road-Rail-River routes it will improve connectivity to Kolkata, Haldia and adjoining areas.
The terminal will be connected to North-East States via Bangladesh by a river-sea route. With a current capacity of 30 lakh tonnes per annum, it is pegged to touch 54.8 lakh tonnes per annum in the second phase.
Built under the PPP model with an investment of Rs. 376 crore it will be a force multiplier for development in the region.
PM Modi asserted that for his government, development is not just a priority but a commitment towards the nation and his day long Jharkhand visit illustarted just that.