Vallarpadam ITCT to be Commissioned in Oct 2010
The first phase of the Vallarpadam International Transshipment Container Terminal in Kerala is expected to be ready for commissioning in the month of October, 2010. As of today 95% of the physical completion has been achieved. This information was given by the Minister of Shipping, Shri GK Vasan in Lok Sabha.
The terminal opens up immense potential for allied industries like container freight stations; inland Container Depots, Port based Special Economic Zones, transportation of cargo through inland waterways, logistics and warehousing centres etc. Being labour intensive industries, these are expected to generate substantial employment opportunities in the state.