A Medium Term Note (MTN) programme to raise Rs 50 billion from the international markets has been established by the Kerala Infrastructure Investment Fund Board (KIIFB).
Coastal shipping and inland waterways transportation (IWT), the two significant modes of domestic water transportation, both provide fuel and cost savings over road and rail transport. Water as a mode of transportation holds significant importance in an economy
Kerala has decided to dump the twin monorail projects for Thiruvananthapuram and Kozhikode citing high costs quoted by Bombardier, the lone bidder after two rounds of tendering. A meeting of the board of Kerala Monorail Corporation chaired by the Chief Minister took the decision.
The Cochin Port Officers Association (CPOA) has urged Union Shipping Minister Nitin Gadkari and Kerala Chief Minister Oommen Chandy to constitute a high-level committee to recommend measurers for the revival of the Vallarpadam International Transhipment Container Terminal (ICTT).
The Ports Department in Kerala is working out a tie-up between the V.O. Chidambaranar (Tuticorin) Port Trust and the Kollam Port. Director of Ports PI Shiek Pareeth had talks in this connection with Tuticorin Port Trust Chairman S Anantha Chandra Bose recently.