Ahmedabad, Feb 13 (PTI) The Gujarat government plans to transform the Alang shipbreaking yard into an international-level ship recycling yard by making it safer and eco-friendly in collaboration with the Japan government.
A USD 22.50 million project has been envisaged with funding from the Japan government, to make Alang Shipbreaking yard safer and eco-friendly as per the guidelines of a convention of International Maritime Organization held in Hong Kong, Gujarat Maritime Board (GMB) officials said today.
"The GMB will prepare a detailed project report and will send it to Government of India.
Further, the report will be sent to Japan with government's recommendations," they said.
Alang ship recycling yard is Asia's biggest shipyard which sees a recycling of about 400 ships annually. While Japan has a 40 per cent share in the world's shipping industry, it is chiefly dependent on China for recycling of ships. A high-level delegation of Japan's Ship Owners' Association paid a courtesy visit to Chief Minister Narendra Modi today and expressed eagerness to begin the project on Alang ship yard at the earliest.
Source: IBN Live. 13 February 2012