*Cochin Port Trust to sign MoUs of worth Rs 2825 Cr at for the upcoming MIS 2021 Maritime India Summit *
New Delhi, 24th February 2021: Cochin Port Trust (CoPT), one of the major port trusts in India will sign 9 MoUs of Rs. 2,825 crores (as of today) at 2nd Maritime India Summit 2021 scheduled to happen on 2nd to 4th March 2021. These MoUs will be majorly signed between Fertilisers and Chemicals Travancore Limited (FACT); Kottayam Port & ICD Services; IOCL; IGTPL; etc. The MoUs will be signed in the areas like Dredging for Maintenance of channels and basins, Coastal Connectivity, Cargo handling, Tourism related projects, Aviation Fuel Terminal, Deepening and Widening of Port Channels, etc. The Ministry of Ports, Shipping, and Waterways is also in process of finalizing more than 217 MoUs to be signed in conjunction with the summit. These MoUs will be signed with different coastal states and stakeholders of the sector. The MoPSW is looking forward to closing over 400 MoUs during the Maritime India Summit 2021. These MoUs are focused on attracting investment, skilling, and generating