Vizhinjam International Seaport Expansion
Sector: Seaport • Location: Vizhinjam, Kerala, India
Source: Gulf News
The Vizhinjam International Seaport in Kerala, developed and operated by Adani Ports and Special Economic Zone Ltd, is being expanded from 1.6 million TEUs to 5.7 million TEUs. MSC Mediterranean Shipping Company has proposed investing $1.4 billion for a 49% stake in the port, a transaction under review by the Kerala government. The port aims to accommodate the world's largest container vessels and
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Status
Original status | under construction |
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Taiyo last update | 00-00-0000 |
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Description
Description | The Vizhinjam International Seaport in Kerala, developed and operated by Adani Ports and Special Economic Zone Ltd, is being expanded from 1.6 million TEUs to 5.7 million TEUs. MSC Mediterranean Shipping Company has proposed investing $1.4 billion for a 49% stake in the port, a transaction under review by the Kerala government. The port aims to accommodate the world's largest container vessels and bring more transshipped cargo business back to Indian shores. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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