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Transport | February 2011

Rs 3,000 cr international transhipment terminal open

India's first ever dedicated transhipment and gateway hub, DP World's Vallarpadam terminal, was opened by the Prime Minister of India, Dr. Manmohan Singh, in a ceremony attended by more than 5000 customers, officials and dignitaries at Cochin.

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 Rs 3,000 crores ($ 600 million). With the opening of the new facility, container handling will move entirely to DP World Cochin from the nearby Rajiv Gandhi Terminal over coming weeks.

The Government of India, in a true PPP approach, has also constructed and enhanced supporting infrastructure such as the construction of a four lane national highway connecting the terminal to the rest of India. A new 8 kilometre long electrified rail link will also allow 15 trains to serve the terminal daily, connecting customers directly with India's national rail network.

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