Union Minister for Shipping, Road Transport and Highways, Nitin Gadkari laid the foundation stone for the country's largest Dry Dock at Cochin Shipyard in Kerala on Tuesday.<br />''<br />''<br />''It is being constructed at a cost of 1,799 rupees crore and will be completed by May 2021. It is expected to generate employment opportunities for about 2,000 people.<br />''<br />''<br />''Speaking on the occasion, Mr Gadkari said the government has no plan to privatize profit-making industrial units in the country.<br />''He also said the Centre has a plan to invest in Inland Waterways in Kerala. He lauded the contributions of Cochin Shipyard in the field of skill training in ship building. <br />''<br />''<br />''Speaking on the occasion, Kerala Chief Minister Pinarayi Vijayan said the Cochin Shipyard has played a key role in the economic development of Kerala. <br />''<br />''<br />''He said the new initiative would further boost the economic prospect of the State and India's share in global shipping Industry will rise to two per cent. <br />''<br />''<span id="MSIEparagraph"></span>