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Vallarpadam International Container Transshipment Terminal INFRASTRUCTURE

5.56 The Kochi International Container Transhipment Terminal (ICTT), locally known as the
Vallarpadam Terminal, is a container trans-shipment facility which is part of the Cochin Port .The Prime
Minister of India laid the foundation stone for Vallarpadam International Container Transshipment
Terminal in1995. Total completion of this prestigious project would make the Cochin port a major hub
port in the Indian Ocean region.

5.57 Regarding the construction of ICTT at Vallarpadam, the works of providing access road to
CFS at Vallarpadam and capital dredging for providing 14.5 m draft completed .The two lane NH
connectivity and rail connectivity has been commissioned and 86% of four lane connectivity is
completed . The proposal for construction of a subway/flyover in front of ICTT at an estimated cost of
Rs.25 crores was submitted to the Ministry for approval.

Vizhinjam Deep Water International Container Transshipment Terminal

5.58 Vizhinjam International Deep Water multipurpose Seaport is a flagship project of Government
of Kerala being developed on a landlord port model. Vizhinjam International Deep Water Multipurpose
Seaport limited (VISL) is a special purpose government company (fully owned by government of
Kerala) that would act as a implementing agency for the development of a Greenfield port.

5.59 Vizhinjam Deep Water International Container Transshipment Terminal is located on Southern
tip of Indian Peninsula , just10 nautical miles from the major international sea route and East-West
shipping axis. Vizhinjam is a natural port, which is located close to the international ship route. So
it is expected that at least 50% of the (nearly 20,000) ships that pass through the Suez Canal (per
annum) will anchor at Vizhinjam Port. It is expected that with the functioning of Vizhinjam port in its
full swing, the ports of Colombo, Singapore and Dubai might face serious competition from India.
This will boost the trade and commercial activities not only in Kerala but also to entire India. It is
estimated that India could save more than a 100 million U.S. dollars per year in terms of foreign
exchange.

5.60 This port has natural water depth of more than 20 m within a nautical mile from coast and
negligible maintenance dredging . Also this port has proximity to rail (10 Km), road (3Km) network &
airport and no acquisition of land needed for the Port itself.

Economic Review 2014