<h1>Ponnani shipyard to be developed under PPP model; phased investments, training institute and alternative fish-drying facilities planned.</h1> A shipbuilding yard will be developed at Ponnani port under a public-private partnership; the tender is complete and the agreement with the private partner is expected shortly. The project will occupy about 29 acres of coastal land under the Kerala Maritime Board, begin with small-vessel construction and a wharf, and expand in a second phase to large-vessel building with phased investments of approximately Rs 200 crore initially and Rs 1,000 crore thereafter.