Cochin Port Trust has reportedly planned to set up
container freight stations (CFS) in order to develop Vallarpadam into a major logistics hub by earmarking 54 acres near the ICTT with private participation.
Setting up CFS facilities near ICTT would benefit traders as they can meet all their shipping requirements under one roof.
It may be noted that recently, the state-owned Kerala State Industrial Enterprises (KSIE) built a Rs 25-crore container freight station at Kalamassery in order to exploit the growing business opportunities from the Vallarpadam Terminal.
Set up at 8.5 acre land, the CFSwould cater to the emerging needs of the International Container Transhipment Terminal at Vallarpadam.
The facility has an 80,000 sq ft customs-bonded cargo handling centre to manage export and import operations and can handle 1,000 containers at a time, Mayin Haji, Chairman and Febi Varghese, Managing Director, KSIE, said.
All modern facilities have been incorporated for the security and smooth operations of the freight station in accordance with international standards. It can provide direct employment to 100 eligible candidates and indirect employment to 500 persons.