Visakhapatnam Port
Sector: Rail • Location: India
Source: World Bank Group
On September 11, 2002, The Visakhapatnam Port Trust signed a concession agreement with Visakha Container Terminal Pvt Ltd (VCTL, a joint venture between Dubai Port Authority and India's United Liner Agencies) to develop the container terminal and additional project works. The works include two multi-purpose berths (EQ8 & EQ9, each with 2.5 million tonnes capacity), and rail track for loading and u
- Status
- Prospective
- Sector
- Rail, Seaport, Commercial, Water Supply and Storage, Manufacturing (Industrial), Government
- Location
- India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | On September 11, 2002, The Visakhapatnam Port Trust signed a concession agreement with Visakha Container Terminal Pvt Ltd (VCTL, a joint venture between Dubai Port Authority and India's United Liner Agencies) to develop the container terminal and additional project works. The works include two multi-purpose berths (EQ8 & EQ9, each with 2.5 million tonnes capacity), and rail track for loading and unloading. The cost will be Rs140 crore for the berths, another Rs140 crore for the mechanization of the port, and Rs20 crore for dredging to make the waterfront at the berths deep enough for large vessels (total Rs 300 crore or about US$62 million). As of December 2009 the project company ownership change to Gammon Infra Project Limited (part of the Gammon Group) and Lastin Holding Ltd). http://www.vizagseaport.com/promoters.html |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Rail, Seaport, Commercial, Water Supply and Storage, Manufacturing (Industrial), Government |
Article published date | 2024-06-06 |
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