The Kerala Government has entered into an agreement with International
Finance Corporation (IFC), a member of the World Bank Group, to develop a
greenfield port at Vizhinjam near Thiruvananthapuram in Kerala.
Under the agreement, IFC will act as a principal advisor to Vizhinjam
International Sea Port to structure, market and implement the project to attract
serious investors through an open, transparent and competitive bidding process.
Also See:
Kerala
approves funds for Vizhinjam Transshipment Terminal (15-Oct-09)
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Project profile