Tenders for Vizhinjam port (India) project
Consultations begin tomorrow between India's Kerala state government and contenders to develop Vizhinjam port.
The port project, which is expected to cost more than $1 billion, is to be developed on a 'build, operate and transfer' basis.
Teams from the UK, Russia, Japan, Singapore and the US are expected to attend the dicussions, as well as Indian national companies like Reliance, Gammon India and Mumbai-based Zoom Developers.
The state team will be led in pre-tender discussions by Chief Minister V S Achuthanandan.
“We have so far got responses from ten leading international firms and thirty Indian firms. In the coming days we expect more companies to respond,” said M Vijayakumar, state Ports Minister. According to the Gulf Times, these ten international port specialists include the Maersk Group. Vizhinjam is close to international shipping routes.
Industry sources say up to 50% of the nearly 20,000 ships that pass through the Suez canal per year could anchor at Vizhinjam.
Supporters of the Vizhinjam port project say it could provide serious competition to Colombo, Singapore and Dubai.
The port project, which is expected to cost more than $1 billion, is to be developed on a 'build, operate and transfer' basis.
Teams from the UK, Russia, Japan, Singapore and the US are expected to attend the dicussions, as well as Indian national companies like Reliance, Gammon India and Mumbai-based Zoom Developers.
The state team will be led in pre-tender discussions by Chief Minister V S Achuthanandan.
“We have so far got responses from ten leading international firms and thirty Indian firms. In the coming days we expect more companies to respond,” said M Vijayakumar, state Ports Minister. According to the Gulf Times, these ten international port specialists include the Maersk Group. Vizhinjam is close to international shipping routes.
Industry sources say up to 50% of the nearly 20,000 ships that pass through the Suez canal per year could anchor at Vizhinjam.
Supporters of the Vizhinjam port project say it could provide serious competition to Colombo, Singapore and Dubai.