Prime Minister, Dr. Manmohan Singh will inaugurate the largest single operator container terminal in the country the Vallarpadam Container terminal. It was Manmohan Singh himself who had laid the foundation stone in 2005. The new port will be privately operated by the Dubai port world. It is the first port the country to operate in a SEZ.
VallarPadam terminal will make Kochi a key place in the shipping world and it will  reduce  India’s dependency on foreign ports, over forty to forty five percentage of  India’s containerized cargo is trans-shipped through Singapore, Dubai or Colombo.
The Dubai Port World is granted a 38-year contract for the  management and exclusive operation. The port costs more than 3,000 corers and is expected to bring this money back through Shipping. The terminal is able to handle large container vessels and can

handle 1m twenty-feet containers a year.

Vallarpadam will be completed in 3 phases. 1: 600m quay and a water-depth greater than 15 m(this phase is complete). 2:Capacity will be increased to 1.5 million Twenty Feet Equivalent Units. Once fully operational the capacity will increase to  5.5 million.

Dr. Manmohan Singh will inaugurate the port in February 10. After that he will will go to Trivandrum on a special flight. At4 pm he

willat the Gov. woman’s college. Next he will go and inaugurate the Kerala Vikasana Congress organized by KPCC.

His schedule for 12th of February is like this.

10.00 am: 70th anniversary of Kerala sahithya academy
10.45 am: Visiting Brahmos
11.25: Inaugurating the new terminal of Trivandrum air port.
12.10: Return to Delhi

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The International transshipment terminal at vallarpadam will be launched commercially in the coming April. This was officially announced by the Dubai Port World who is conducting the construction of International terminal here. The construction works will be completed by the coming March. This was announced by DP world officials in a meeting with the port trust authorities. A meeting will be conducted on December 28 for evaluating the progress in construction. The meeting is scheduled because of the Global financial crisis and the new money lending schemes by the Dubai world.

The port has an investment of about 1600 crores.It is important to complete the project in the proposed time because of the huge sum involved. The port trust is anxious because the dredging process by DP world is showing less progress. This reduced the construction speed of the ship channel dredging conducted by the port trust. The DP world officials promised that the construction work will be completed by this March 31^st. The DP world is planning to implement more efficient machineries for boosting up the speed of dredging in vallarpadam. The double lane road as well as the railway to valarpadam will get completed by March 31^st. The ship channel costruction will also be completed by this date.

In order to set up the cranes in the vallarpadom terminal region the dredging process by the DP world need to get completed. The DP world official said that the financial crisis in Dubai region will not affect the vallarpadom terminal. The officials also said that the cranes also will be set within March 31^st.

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Vallarpadam Terminal
International Container Transshipment Terminal of Vallarpadam makes the great commercial city Cochin, Kerala, India world famous today. Vallarpadam is one of the islands of Cochin in the lake Vembanadu. The Vallarpadam Terminal is under construction now and will be commissioned soon in 2010 March. Vallarpadam International Container Transshipment Terminal is India’s first global hub terminal worth Rs. 2,118 crore (US$442 million). It will soon change the development map of Kerala, India.
The main feature of it is that it will help to stay away from transshipment of Indian containers through the bordering foreign ports like Colombo, Singapore and Salalah. India will become self dependent in transshipment.
The Vallarpadam island had all the requirements and qualifications of a ship terminal. It has a well developed connection to the National Highways and railways. When commissioned Vallarpadam is will be a gift to India as it is one of the best hub ports in the world.
The major openings along with the establishment of Vallarpadam terminal are the Rs 1,600-crore LNG terminal, Petro chemical complex for Gas Authority of India (Rs 7,000-crore), International Ship Repair complex (Rs 315-crore),  the port-based Special Economic Zone (Rs 1,510-crore), SBM (single buoy moorings) for Kochi Refineries Ltd (Rs 720-crore), International bunkering terminal, International Marina, Bulk cargo terminals, Cruise ship terminals, etc. Mind you that these are only the major business going to take place in Vallarpadam in near future.
The face of Cochin will be altered soon. Numerable job placements will be created soon. Many can find new businesses on their own here in and near Vallarpadam. The life style of the people are going to change in near future.
The Indian National Highways are going to make new face of roads in Vallarpadam. A two lane National Highway fully equipped will come in Cochin before the commission of the Vallarpadam terminal. The Indian railway will connect itself to the terminal in a month. Though the main aim of the railway is for the goods train, there will also be some passenger trains as well since there will be so many people to travel to and fro Vallarpadam terminal daily.
Many of investors with crores of money are investing money in various field in and around Vallarpadam and Cochin. The trade of Cochin, Kottayam, Alappey, Trivandrum, Kollam, etc. will have a new life and development.
The commissioning of the terminal will give us only advantages finance and no disadvantage at all. First of all it ensures more job opportunities.

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