New container terminal at Vallarpadam (India) for Dubai Ports International
Author: AIVPOriginal title: DPI to build, develop and run Indian portOn sale date: Monday, 21 February 2005Type of document: NewsTopic: 1.01 - port development project, 1.02 - containers infrastructuresLocation: Language: English, French, SpanishDUBAI Ports International has signed an agreement with The Kochi Port Trust (KoPT) to construct, develop and operate an International Container Transshipment Terminal (ICTT) at Vallarpadam (India). The project, costing US$500 million, is the largest single-operator container terminal currently planned in India and the first in the country to operate in a Special Economic Zone (SEZ). Construction is expected to be completed in four years and commercial operations to begin within a year of completion. The first phase of the new terminal will have a capacity of one million TEU and cost approximately US$135 million.Schednet newsletter, Monday, February 21, 2005 - www.schednet.com
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