Vallarpadam terminal launch in January 2010

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Vallarpadam International Container Transshipment Terminal scheduled to be launched in January 2010. By March 2010, the terminal is likely to go full stream, handling 42 million tonnes of cargo. The project was being developed by Dubai Port World in two phases with the first phase ready for launch while the Phase II would commence immediately after the launch of the terminal. The USD 500 million Vallarpadam terminal had invested USD 250 million for the completion of the first phase. Also, the port has invested INR 890 crore and INR 300 crore to create road and rail connectivity. The container berth will be of 1,800m and have a depth of 14.5m. This would help the trade reduce the need to transship their containers through ports like Colombo, Singapore or Salalah.

The project will launch a series of ventures including the Rs.1,600-crore LNG terminal, the Rs.1,510 crore port-based Special Economic Zone, the Rs.315 crore International Ship Repair complex, the Rs.720 crore  single buoy moorings for Kochi Refineries Ltd, the Rs.7000 crore petro chemical complex for Gas Authority of India, an international bunkering terminal, bulk cargo terminals, cruise ship terminals and an international marina.

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