The Union government has approved a plan to develop a world-class marina in Mumbai Harbour at an estimated cost of Rs 887 crore, an official statement said on Thursday. According to the statement, the project will be implemented through a hybrid development model under which the Mumbai Port Authority will invest about Rs 470 crore to construct the core marina infrastructure on an EPC basis, and a private operator will develop onshore facilities with an estimated investment of Rs 417 crore.
Centre Approves Plan To Develop World Class Marina In Mumbai Harbour For Rs 887 Crore
