Bengal Shipyard project yet to overcome land hurdle

The Apeejay Surrendra Group, which planned to set up a shipyard at Haldia with a projected investment of Rs 2,000 crore, is disappointed with the progress of the work. The Bengal Shipyard project at Haldia which has been lying in a state of limbo for sometime now has seen little progress in land acquisition at Haldia. "We do not think that much will happen on the land acquisition front next year also. Let's see what we can do with the Bengal Shipyard project," group chairman Karan Paul said.
The company, which is present in sectors ranging from tea to real estate, conceived the project almost three years back. It required almost 500 acres for the project titled Bengal Shipyard- a joint venture of Bharti Shipyard and Apeejay Surrendra Group. "We are yet to receive land for that," Paul told newspersons in Kolkata.