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Kochi Port Trust hands over container terminal to DPI

Saturday, 02 Apr 2005
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Kochi Port Trust on 1 April 2005 formally handed over the Rajiv Gandhi Container Terminal (RGCT), with the existing container handling facilities and 352 employees, to India Gateway Terminal Pvt Ltd (IGTPL), a subsidiary of Dubai Ports International (DPI), for the development of the international container transshipment terminal (ICTT) at Vallarpadam.

The DPI would initially invest Rs.50 crore for the equipment acquisition and revamping and also use the most proven software system for container handling and yard planning.

Also See:

Concor picks up 15pc stake in Vallarpadam ICTT (17-Feb-05)

Foundation stone laying ceremony of Vallarpadam ICTT (16-Feb-05)

Detailed Project Profile of Vallarpadam ICTT: March 2005 (PDF format)

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