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)
rgictt