DP World Cochin now operational
DP World’s new Vallarpadam International Container Transhipment Terminal (ICTT) is now officially open – the first-ever dedicated transhipment and gateway hub in India. The new terminal is a public-private partnership between DP World and the government of India, along with strategic partners Container Corporation of India (Concor), Transworld and Chakiat. The largest single-operator container terminal in the country, ICTT – to be operated as DP World Cochin – was built at a cost (including other infrastructure facilities such as road and rail connections) of more than US$600 million. With the opening of the new facility, container handling at the nearby Rajiv Gandhi Terminal will move entirely to DP World Cochin over coming weeks. The older facility may be converted by Cochin Port Trust to handle greater volumes of non-containerised bulk cargo. DP World Cochin will be completed in three phases:
The government of India has also constructed and enhanced supporting infrastructure, such as a four-lane national highway connecting the terminal to the rest of India. A new 8 km electrified rail link will also allow fifteen trains to serve the terminal daily. DP World also operates terminals in Mundra, Nhava Sheva, Chennai and Vishakapatnam, and is also developing a new terminal facility in West Bengal. Quelle: eyefortransport |