Direct link to scholarships offered by  Govt. of India

List of Private NGOs offering scholarships

Abu Marwan Abdal Malik Ibn Zuhr: ‘Avenzoar’

Abu Marwan Abdal Malik Ibn Zuhr, known in the west as Avenzoar, was

Ummid Assistant

IGNOU invites applications for online nutrition course

Welcome Guest! You are here: Home » National

PM inaugurates mega transhipment terminal in Kerala

Friday February 11, 2011 12:08:39 PM, IANS

Kochi: Prime Minister Manmohan Singh Friday dedicated to the nation the International Container Transshipment Terminal (ICTT) in Kerala. It's the largest single-operator container terminal in the country.

Manmohan Singh, launching the Rs.3,250 crore first phase of the project in Vallarpadam off the Kochi coast, said it is a symbol of the government's commitment to Kerala's development.

"This is also a symbol of the how private public partnership can be a commitment to the public good. Also this is a symbol of cooperation with our West Asian neighbours," said Singh.

He said it would will give a major boost to reducing the cost of exports and imports.

"Through this Kochi is all set become as an attractive investment area not only for Kerala but for the country and also this could well be the start of more investment from UAE where a large number of our diaspora work," said Manmohan Singh.

The new terminal is expected to become a transhipment hub that and country will no longer have to rely on ports like Colombo, Dubai and Singapore. Thanks to the terminal, the cost of freight of a container is expected to come down by $300 and the transshipment time by almost 10 days.

The total number of containers handled in the first phase would be one million and would touch four million containers annually when fully operational.

The terminal has been developed on a build-operate-transfer (BOT) basis by the Dubai Port World (DPW), which won a global tender after quoting a gross revenue share of 33.3 percent to the Cochin Port Trust (CPT).

Rs.1,650 crore has come from the central government while the DPW invested Rs.1,600 crore. The BOT is for 30 years.

Manmohan Singh had laid the foundation stone for the project in February 2005.

Chief Minister V.S. Achuthanandan Friday used his speech to demand more from the central government.

"The proposed Kochi Metro is awaiting clearance from the centre and during the previous UPA government we were given a coach factory which was to come up in Palakkad, but it has still not materialised. We have done what we have to do and we wish these projects are cleared," said Achuthanandan.

Deputy Chairman of Dubai Executive Council Sheikh Ahmed bin Saeed Al Maktoum was also present on the occasion.






  Bookmark and Share                                          Home | Top of the Page


Note: By posting your comments here you agree to the terms and conditions of

Comments powered by DISQUS

More Headlines

India needs 'freedom movement' to root out corruption: Dosanjh

Mubarak stays, Egypt erupts in rage

Mubarak addresses nation, says no plan to step down

Tahrir Square in festive mood as speculation swirls of Mubarak leaving

Strong likelihood of Mubarak stepping down: CIA director

Tonight, it is ending, says Egyptian army chief

Law giving voting rights to NRIs comes into force

Hosni Mubarak may resign today evening: BBC

UAE keen on hightech cooperation with India

Controversial 'Kumbh' focusing on conversion begins in Madhya Pradesh

Hyderabad to host national cardiology meet

Egyptian Army tortured protesters




Top Stories

Mubarak addresses nation, says no plan to step down

A defiant Hosni Mubarak Thursday announced that he would transfer some powers to his deputy Omar Suleiman, but stopped short of resigning as president of Egypt. He said he will not bow to foreign pressure.  »

Tahrir Square in festive mood as speculation swirls of Mubarak leaving

Tonight, it is ending, says Egyptian army chief

Strong likelihood of Mubarak stepping down: CIA director


Picture of the Day

Anti-government protesters in Cairo's Tahrir Square wave shoes in dismay as President Hosni Mubarak speaks to the nation February 10, 2011. Protesters also chanted, "down, down with Hosni Mubarak," and "leave, leave," in rage at the speech in which the president did not step down but handed over powers to his vice president.

(Photo: Reuters/Dylan Martinez)


  Most Read

Controversial 'Kumbh' focusing on conversion begins in Madhya Pradesh

A different kind of Mahakumbh began in Mandla in Madhya Pradesh Thursday. Unlike the rituals    »

RSS ‘Kumbh’ in MP: Petrified Christians fear Kandhamal-like situation

Law giving voting rights to NRIs comes into force

Non-resident Indians can now get their names registered in the electoral rolls, with the amended legislation coming into force Thursday. A press release by the law and justice ministry Thursday said th    »

'Demand to vote by NRIs driven by desire to contest elections'


  News Pick

Finding SSC exams difficult to crack? At Iqra, it is made easy

Come January and the biggest challenge that the parents of the +10 students face is to keep them at ease so that they not only    »

Ex-Kerala minister, two  others get jail term for corruption

The Supreme Court Thursday sentenced former Congress minister from Kerala R. Balakrishna Pillai and two others to one-year jail for corruption in the award of contract for a hydro-power project. Pillai said he would go   »

Comments on President cost Rajasthan minister his job

Rajasthan minister Amin Khan, who remarked that Pratibha Patil was made president for having cooked in late former prime minister Indira Gandhi's kitchen, has been asked to resign. Chief Minister Ashok Gehlot late   »

Refused phone number, trooper kills woman kabaddi player

Manisha Kumari, a woman kabaddi player, was shot dead by a CRPF trooper posted at a Patna stadium where she had been practicing for the 34th National Games when she refused to give him her phone number, police   »

Chhattisgarh high court dismisses Binayak Sen's bail plea

The Chhattisgarh High Court Thursday dismissed the bail application of human rights activist Binayak Sen,  »

Sen's wife, friends shaken by rejection of bail plea



RSS  |  Contact us

| Quick links



Subscribe to

Ummid Assistant






About us




Government Schemes











Contact us





      Disclaimer | Terms of Use | Advertise with us | Link Exchange is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2010 Awaz Multimedia & Publications. All rights reserved.