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Tenders: Govt committed to Rs.24,000+cr port implementation in Kerala

Fiinews by Fiinews
July 14, 2024
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Morther Ship arrives at Vizhinjam, India's first deep water transhipment port.

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Sonowal updates on Vadhavan Deep Port and ICTT at Galathea Bay

The government remains committed to enable and equip India’s maritime sector as projects worth more than Rs.24,000 crores are being implemented in Kerala under the Sagarmala project – the flagship programme of the Ministry of Ports, Shipping & Waterways http://shipmin.gov.in .

Assuring this commitment, MoPSW Minister Sarbananda Sonowal underlined the government’s efforts to fast-track development of ports in the country, targeting to be among the top maritime global power in the years to come https://www.nseindia.com/ .

MoPSW is working towards execution of Mega Port Projects including All Weather Deep Draft Port at Vadhavan in Maharashtra and International Container Transhipment Terminal (ICTT) at Galathea Bay in a mission mode, he said.

“With dynamic global scenario impacting the maritime sector, this port offers a viable alternative and an option to major shipping lines to mitigate the disruptions in the global supply chain,” he said on 12 July as the Vizhinjam port operationalized https://www.bseindia.com/ .

“India is poised to reap opportunity it creates in the region and give healthy competition Colombo https://www.slpa.lk/port-colombo/colombo and Singapore transhipment hubs http://mpa.gov.sg ,” he said.

Sonowal also welcomed the first Mother Ship ‘MV San Fernando’ at Vizhinjam, marking the beginning of operation at India’s first deep water container transhipment port http://maersk.com .

The port in Kerala is designed to handle up to 9000 TEUs, and is equipped with large scale automation system for quick turnaround of vessels including capacity to handle megamax containerships http://imo.org .

Sonowal elaborated, “Today is a historic day for the maritime sector of India as the maiden mothership docks at Vizhinjam, India’s first truly deepwater International Container Transhipment terminal http://ipa.nic.in .

“This is the testament of the vision of ‘Make in India’ where a PPP collaboration among Kerala government and Indian government as well as the Adani Port SEZ http://adaniports.com . This venture has created a wonderful asset for growth of India’s maritime sector.”

India is equipping and enabling entrepreneurial ventures and collaborating as and when required to build capacity for the cause of nation building https://sagarmala.gov.in/ , he went on.

This wonderful achievement marks the beginning of a new era in the ports sector of the country, and this is a big step towards creating world class port infrastructure in the country, he said.

MoPSW is working towards execution of Mega Port Projects including All Weather Deep Draft Port at Vadhavan in Maharashtra and International Container Transhipment Terminal (ICTT) at Galathea Bay in a mission mode, he said.

Background:

https://vizhinjamport.in/ is a strategic maritime project near Thiruvananthapuram in Kerala. This is the first Greenfield port project in India, initiated by a state Government with an investment exceeding Rs.18,000 crores.

Developed under the Public Private Partnership (PPP) mode, it stands as one of the largest initiatives in the country’s port sector. Vizhinjam’s strategic location near international shipping routes significantly reduces transit times for vessels, making it a pivotal point for maritime trade.

As one of India’s few natural deep-water ports, it can efficiently accommodate large cargo and container ships. The development of the Vizhinjam International Seaport is poised to boost Kerala’s economic growth by creating jobs, enhancing trade, and attracting investments.

Ongoing infrastructure projects aim to equip the port with state-of-the-art facilities, including modern container terminals, warehouses, and logistics parks.

Vizhinjam is set to become a key player in regional trade, potentially serving as a gateway for commerce between Southeast Asia, the Middle East, and Africa. Fiinews.com

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