The Gujarat Maritime Board (GMB) has attracted investment proposals of Rs 1.50 lakh crore by signing investment intentions with over 200 entities ahead of the Vibrant Gujarat Global Summit (VGGS) 2024.

GMB, a state government agency for port development, signed more than 140 Investment Intention Forms (IIFs) and about 50 strategic partnership MoUs.

GMB vice chairman and CEO Rajkumar Beniwal said,"The cumulative proposed investment amounts to Rs 1.5 lakh crore, with 90,000 employment opportunities in the run-up to the 10th edition of the Summit to be held in Gandhinagar from January 10-12."

He added that the upcoming seminar aims to enhance understanding of the port-led city development concept, emphasising its potential for economic growth and ubran transformation.