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Visakhapatnam Port

Sector: Rail • Location: India

Source: World Bank Group

Project
Active

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

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The project “Visakhapatnam Port” is an infrastructure initiative in the Rail sector, located in India. Taiyo aggregates data on it from World Bank Group.

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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