Paradip port offers hybrid cargo terminals to investors.

Paradip port proposes to permit private parties to set up hybrid cargo terminals — captive-cum-common user facility — as part of its expansion plans.

Paradip will be the first government port to offer this facility though some private ports have already started doing this.

SS Mishra, Chairman of Paradip Port Trust, said the hybrid terminals will be one of the many new ideas being worked out by the port to attract private investments.

'This will provide private investors the flexibility to ensure optimum unitisation of the port capacity,' Mishra said at a roadshow held by the port in Mumbai recently.

HBL