Mon Jan 19 00:00:47 UTC 2026: ### Shipbuilding Yard to Boost Development in Kerala’s Malabar Region

The Story:
A large shipbuilding yard is slated to be established at Ponnani port in Kerala, India. The project, developed under a public-private partnership (PPP) model, aims to boost development in the Malabar region. The agreement with the private partner is expected to be signed within two weeks, with the facility focusing initially on small vessel construction before expanding to larger vessels in a second phase.

Key Points:

  • A shipbuilding yard will be established at Ponnani port in the Malabar region of Kerala.
  • The project will be developed under a public-private partnership (PPP) model.
  • The shipyard will be located on approximately 29 acres of coastal land near Ponnani fishing harbor.
  • The first phase will involve an investment of around ₹200 crore, focusing on small vessel construction.
  • The second phase will see an investment of approximately ₹1,000 crore over the next 7-10 years, targeting larger vessel construction.
  • The project is expected to generate employment for around 1,000 people.
  • Alternative facilities will be provided for existing fish-drying units at the site.

Key Takeaways:

  • The establishment of a second major shipyard in Kerala, after Kochi, signals a strategic investment in the state’s maritime infrastructure.
  • The PPP model is being utilized to drive infrastructure development, leveraging private sector expertise and investment.
  • The project is expected to create significant employment opportunities and boost economic growth in the Malabar region.
  • The phased development approach allows for a gradual scaling up of operations and investment, mitigating risks and ensuring long-term sustainability.

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