India expands foreign port presence with new consortium
NewsIndia is forming a consortium to acquire and develop foreign ports, with IPGL managing operations, IPRCL handling infrastructure, and SDCL overseeing financing.
Vizhinjam attracts interest
The South Indian state of Kerala’s Ports Department has received 11 expressions of interest from Indian and international port developers for the construction of a deepwater international container transhipment terminal at Vizhinjam on a build, operate and transfer (BOT) basis (see WorldCargo News January 2004, p8). Techno-economic proposals have now been invited from the bidders for which the deadline has been set as June 31.
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