Prime Minister to inaugurate Vallarpadam container terminal on February 11

[Agnostic_Indian]

Kochi , Feb 6 ( ANI ): Prime Minister Dr . Manmohan Singh will inaugurate a Rs .3 ,250 crore International Container Transshipment Terminal (ICTT) at Vallarpadam in Kerala on February 11 . The ICTT is the first in the country to operate in a special economic zone and is also expected to reduce the country’ s dependence on foreign ports to handle the transshipment tasks . Commenting on the new venture , Anil Singh , the Managing Director and Vice President of DP World ( Subcontinent) , said that he believes the port is going to be a jewel in the crown . “ In the Indian subcontinent , there are not many port projects on , there are no more new ports coming in. In fact , we are suffering from a shortage of capacity in our port sector today . So , it will be the jewel in the crown for a long time to come,” Anil said . He further said that the company is very optimistic about the project , and plans to begin the work on the second phase of the project soon. “ We have all the ingredients , that are necessary for success , it will not take long to fill the first the first phase and we should be ready to start the second phase, what we call are phase 1 -B, ” Anil said . “ So , I am very very optimistic that we will start the Phase 1 -B sooner rather than later ,” he added . Dr . Singh had laid the foundation stone of the terminal in 2005 . The first phase of the new terminal is expected to have a capacity of one million TEUs, ( twenty-foot equivalent unit) which consists of 600 metres of wharf , six Super Post Panamax Quay Cranes and an on -dock railhead serviced by rail -mounted support crane . ( ANI )Prime Minister to inaugurate Vallarpadam container terminal on February 11

 

[Agnostic_Indian]

somebody post some pictures too..

 

[Agnostic_Indian]

The International Container Transshipment Terminal or Vallarpadam Container Terminal is the only Transshipment port in India situated on Kochi . It is billed as the largest single-operator container terminal in the country.
The terminal makes Cochin a key centre in the shipping world reducing India ’ s dependence on foreign ports to handle transshipment .
en.m.wikipedia.org/wiki/International_Container_Transshipment_Terminal,_Kochi?wasRedirected=true

 

[sajan]

Kochi: India's first International Container Trans-shipment Terminal (ICTT) in the Special Economic Zone at nearby Vallarpadam Island is all set to be dedicated to the nation by Prime Minister Manmohan Singh Friday.

The total cost of the first and second phase of the terminal is pegged at around Rs 6,250 crore. When completed, the terminal will be able to handle 4 million TEUs (twenty-foot equivalent units) of cargo per annum. The first phase of the project is ready to handle one million TEUs per annum.

The project will be operated by Dubai Port World (DPW) and aims to make Kochi a key centre in the shipping world, reducing India's dependence on foreign ports to handle trans-shipment requirements, Cochin Port sources said.

Once fully developed, the ICTT, a part of the expansion project at the Cochin Port, would be the largest individual terminal in India. As part of the project, India's longest railway bridge -- 4.62 km long -- was set up over the Vembanad Lake, thereby establishing rail connectivity to Vallarpadam from the mainland.

Port sources said ICTT will generate additional employment opportunities, facilitate investment flow to the tune of Rs 7,500 crore and help in the development of port-based industries to transform Kochi into an economic hub.