The Tamil Nadu Maritime Board has announced plans to enhance maritime infrastructure by identifying 17 strategic locations for the development of private ports. These locations were chosen based on factors like natural draft, marine conditions, minimal infrastructure modification, and connectivity to the hinterland. Under the State Ports Development Policy, companies making significant investments in coastal areas will be allotted sites for constructing ports or jetties, catering to both captive and commercial purposes. The state offers long-term leases of 30 years, extendable to 99 years after a performance review. The policy also allows captive ports to handle other commercial cargo with prior approval. Joint ventures with government agencies are encouraged, with specific guidelines for equity investment and land procurement. The initiative aims to promote regional development and facilitate port-based industries.

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