vallarpadam international container transhipment terminal

8/4/2019 VALLARPADAM INTERNATIONAL CONTAINER TRANSHIPMENT TERMINAL

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VALLARPADAM INTERNATIONALCONTAINER TRANSSHIPMENT

TERMINAL, KOCHI

"The Jewel In The Crown Of The Queen Of The Arabian Sea"


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KOCHI The queen of theArabian Sea

Kochi is the commercial capital andthe biggest city of Kerala

We can foresee a great future for

Kochi as its very much closer to theEast- West trade route thatconnects Europe with Asia.

For generations, Cochin has beenthe ideal location for Internationaltrade and commerce. The ancient

port of Muziris, which dates back to


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LOCATION


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HISTORY OF THE PROJECT

In March 2004, DP Worldsuccessfully bid to take over theoperations of Rajiv Gandhi

Container Terminal (RGCT) and todevelop (ICTT).

So India Gateway Terminal Pvt. Ltd.

(IGT), was formed for this purposewith an equity holding of 76% byDP World, 15% by ContainerCorporation of India (CONCOR), 5%b Chakiat and 4% b Transworld


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On 16 February 2005, Dubai Ports Worldofficially announced that it signed theagreement with CoPT to do the projectwith an estimate of 2400 crores.

One of the best examples of a public-private partnership.

It is on a BOT basis with DP Worldoperating it for 30 years.


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An Overview Of TheProject

Total estimate of the projectRs3200crs.

The project is completed in three

phases

The first phase opened on 11theFeb2011.

It will have a quay length of 600mts, and draft more than 15 mts.Can handle 1 million TEU container.

The second hase to be com leted


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Strategically located on the maineast-west global shipping lines andoffering draft of about 16 m.

Cochin is destined to develop asthe premier gateway to SouthernIndia, as also offering an

alternative to Sri Lanka andSingapore for containers beingtranshipped for the Indian market.


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Some Facts

ICTT is the first containertransshipment terminal of India.

It is the first terminal operating in a

SEZ.

Located 11 nautical miles off theMiddle East trade route and 76

nautical miles off the Suez route.

When fully developed ICTT will bethe largest single operator

container terminal in India.


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Factors that make ICTTspecialFaster Vessel turn around.

Faster Truck turn around.

Easy documentation.Terminal Operating System.

Round the clock terminal

operations.Flexible cut off time.

Theft/pilferage-free operations

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Multi Modal Connectivity

A dedicated 4 lane highway thatconnects to NH-17 ,NH-47 and NH49

Direct rail connectivity to theterminal with the opening of the4.62 kms Vembanad rail bridge

that connects ICTT to EdapallyCoastal connectivity to the portsin the west coast of the country

offers multimodal options to the


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Strategic Location

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Benefits to the CoPT

External Infrastructure

1. Rail connectivity

2.

NH connectivity3. Capital Dredging

Internal Infrastructure

1. Development of site

2. Business and commercialcomplex


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Economic Advantages tothe nationNo dependence on other ports

Savings to the tune of Rs.6000 toRs.16000 per container to the Indian

Exporters.Indian produce will become morecompetitive in the internationalmarkets.

Economic utilization of the cargocarrying capacity of Indian railways andNational highways.


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Economic advantages tothe stateAdditional employment opportunities.

The project will ensure regionaldevelopment.

Facilitate investment flow.Development of port based industries.

Transform Cochin into an economic hub.


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Milestones

Dr.Manmohan Singh Prime MinisterOf India Dedicated ICTT to thenation on February 11, 2011

First Containers Arrived at ICTTFebruary 12

First Vessel Arrived at ICTT ( OEL

Dubai) - February 18

First Train arrived at ICTT -February9

Fastest handlin of a train -19


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THANK YOU

AKHIL THOMAS

vallarpadam international container transhipment terminal

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