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CPT plans key infrastructure projects

CPT plans key infrastructure projects
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Cochin Port Trust (CPT) has planned to implement some of the key infrastructure projects to attract more clients. The port has proposed a Modern Ship Repair Yard and it is learnt that seven major players, including Cochin Shipyard and Sultan Marine International have evinced interest. The project is based on the lease-model envisaged in the Government Guidelines for Private Sector Participation in the Major Ports, issued in 1996. It is in the process of developing the Ernakulam Wharf as a major bulk cargo consolidation centre of South India. The port has already invited bids for the mechanisation of Q8-Q9 berths.

As an indication of this positive change, one more cement terminal is being set up at the Cochin Port, with private participation. Cement manufacturers Zuari Cements have won the tender and auction for developing a cement handling terminal at CPT. This will be the third cement handling terminal at the Port.

Contact: Cochin Port Trust
Web: www.cochinport.com

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