ENA State 2025-12-19 17:23:27 <p><span style="font-size:14px"><strong>Mumbai, Dec 19 (KNN)</strong> The Union Government has approved the development of a world-class marina in Mumbai Harbour at an estimated cost of Rs 887 crore. The proposed project is aimed at boosting coastal shipping and maritime tourism besides waterfront-led urban development in the financial capital. </span></p> <p><span style="font-size:14px">The project, named Viksit Bharat Mumbai Marina, was approved by the Ministry of Ports, Shipping and Waterways to develop globally competitive tourism destinations and strengthen Indias maritime economy.</span></p> <p><span style="font-size:14px">Union Minister of Ports, Shipping &amp; Waterways, Sarbananda Sonowal, said that the project will create world-class infrastructure, open the waterfront for public use, encourage private investment, generate over 2,000 jobs, and position Mumbai as a global maritime tourism hub while advancing Indias blue economy goals.</span></p> <p><span style="font-size:14px">The marina would span nearly 12 hectares of water and accommodate 424 yachts of up to 30 metres. Marine infrastructure will include an approach trestle, piled breakwater, service platforms, pontoons, and gangways for safe yacht operations. </span></p> <p><span style="font-size:14px">Onshore facilities, developed by a private operator, will include a marina terminal building, the Namo Bharat International Sailing School, a maritime tourism development centre and clubhouse facilities among others.</span></p> <p><span style="font-size:14px">The project will follow a hybrid development model and the Mumbai Port Authority will invest about Rs 470 crore to construct core marina infrastructure on an EPC basis, while a private operator will invest around Rs 417 crore to develop onshore facilities. </span></p> <p><span style="font-size:14px">Tenders for the project have been floated, with bids scheduled to close on December 29, 2025.</span></p> <p><span style="font-size:14px">The initiative aligns with national frameworks such as Maritime India Vision (MIV) 2030, Maritime Amrit Kaal Vision (MAKV) 2047, the Sagarmala Programme, the Cruise Bharat Mission, and the Mumbai Port Authoritys Port Master Plan 2047. </span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span><br /> </p> 44488 https://knnindia.co.in/news/newsdetails/state/govt-approves-rs-887-cr-mumbai-marina-project-to-boost-maritime-tourism 2025-12-19 17:23:27 knnindia.co.in