Guwahati, 20 October (HS): Assam is set to enter a new phase of industrial development with the establishment of a shipbuilding facility at Dharapur, involving a proposed investment of Rs 475 crore, Chief Minister Dr Himanta Biswa Sarma said on Tuesday.

In a social media post, the Chief Minister said the proposed facility would open up new avenues for shipbuilding and the development of vessels and maritime infrastructure in the state.

The facility is expected to undertake a range of activities, including the design, construction, assembly and commissioning of ships, barges, watercraft and maritime structures, creating fresh opportunities for industrial growth in Assam.

Sarma expressed confidence that the project would generate employment opportunities for the state's youth while strengthening Assam's industrial ecosystem. He said the initiative would also contribute to the state's emergence as a major industrial hub.

The proposed investment marks a new addition to Assam's efforts to diversify its industrial base and attract investments in emerging sectors, the Chief Minister indicated.----------

Hindusthan Samachar / Sriprakash