Vizhinjam port investor meet elicits `good response'
Our Bureau
More than 30 cos attend the meeting
Port developmentThe project envisages the development of the port in a financially and environmentally sustainable manner, said the Kerala Chief Minister, Mr V.S. Achuthanandan, while addressing the meet.
Thiruvananthapuram April 17 The Kerala Government received what officials described as "good response" to a global investors' meet organised on Tuesday to showcase the proposed Vizhinjam International Transshipment Terminal.
More than 30 companies, including many foreign ones, attended the meeting that got under way in the evening, sources said.
Among those who have evinced interest in the project are Reliance Industries, the Anil Dhirubhai Ambani Group, Gammon India, SCI, Ashok Leyland Project Services, L&T ECC, Soma Enterprises, Zoom Developers, J.M. Baxi Group, Lanco Infratech, Macknight Infrastructure and Afcons Infrastructure.
The list of foreign companies featured Maersk (Denmark), VTU Millennium (Singapore), Rosoborone (Russia), NISSIN Corporation (Japan), Beckett Rankine (the UK), Italian-Thai Development Company, Cyan Holdings BV (The Netherlands), and Piolix Christophe Investors and Developers (France). A consortium comprising Obocon Inc of the US, KGL Transport of Kuwait, Astra International of Indonesia and Mumbai-based Unity Infrastructure is learnt to have sent its representative to the meet.
The project envisages the development of the port in a financially and environmentally sustainable manner, said Chief Minister Mr V.S. Achuthanandan, while addressing the meet. Apart from the mature institutional structure already in place in the maritime domain of the State Government, a special purpose vehicle called Vizhinjam International Seaport Company has been created to conceptualise and develop the port.
"We have spared no efforts in the design and development of this project and in scientifically establishing its commercial viability," Mr Achuthanandan said
Showing posts with label companies. Show all posts
Showing posts with label companies. Show all posts
Wednesday, April 18, 2007
Big players at global investors' meet on Vizhinjam
Big players at global investors' meet on Vizhinjam
Special Correspondent
The response to the meet is quite encouraging, says Achuthanandan
THIRUVANANTHAPURAM: Major foreign and Indian entities are among 43 companies that attended the Global Investors' Meet called by the State Government here on Tuesday to showcase the Deepwater Container Transhipment Terminal at Vizhinjam, preparatory to going in for global tenders for the project.
Foreign companies include Maersk, Denmark; Alberg Ports, Australia; NISSIN Corporation, Japan; Beckett Rankine, the United Kingdom; Dubai Ports World, Dubai; Cyan Holdings BV, the Netherlands and FIDATO, Ranhill Group of Companies, Malaysia. The meet was also attended by a consortium comprising Obocon Inc., the U.S.A; KGL Transport, Kuwait; Astra international, Indonesia and Unity Infrastructure, Mumbai.
Among the Indian companies represented at the meet were Reliance Industries, Anil Dhirubhai Ambani Group, Shipping Corporation of India, Gammon India, Mudra Port and Special Economic Zone Limited, Ashok Leyland Project Services, Emmar MGF Land Private Limited, Essar Constructions, Soma Enterprises, Zoom Developers and JM Baxi Group.
Briefing the media after the meet, Chief Minister V. S. Achuthanandan said the Government would immediately call global tenders for this public-private partnership project, costing Rs.43.60 billion (U.S. $ 1,015 million) as per 2003 estimates, so that a joint venture company for implementing it would be in place by November this year. The Government's plan is to have the works started by December 2008.
The State public sector company Vizhinjam International Seaport Limited will act as the nodal agency for executing the preparatory work connected with the project. The State Government will have 24 per cent stakes in the project, the rest being reserved for the successful bidder. Conceived along the `build-operate-transfer' mode, the project will have to be transferred to the Government after 30 years.
"The response to this meet was quite encouraging. We are confident that everything will fall in place as per plan," he said.
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Special Correspondent
The response to the meet is quite encouraging, says Achuthanandan
THIRUVANANTHAPURAM: Major foreign and Indian entities are among 43 companies that attended the Global Investors' Meet called by the State Government here on Tuesday to showcase the Deepwater Container Transhipment Terminal at Vizhinjam, preparatory to going in for global tenders for the project.
Foreign companies include Maersk, Denmark; Alberg Ports, Australia; NISSIN Corporation, Japan; Beckett Rankine, the United Kingdom; Dubai Ports World, Dubai; Cyan Holdings BV, the Netherlands and FIDATO, Ranhill Group of Companies, Malaysia. The meet was also attended by a consortium comprising Obocon Inc., the U.S.A; KGL Transport, Kuwait; Astra international, Indonesia and Unity Infrastructure, Mumbai.
Among the Indian companies represented at the meet were Reliance Industries, Anil Dhirubhai Ambani Group, Shipping Corporation of India, Gammon India, Mudra Port and Special Economic Zone Limited, Ashok Leyland Project Services, Emmar MGF Land Private Limited, Essar Constructions, Soma Enterprises, Zoom Developers and JM Baxi Group.
Briefing the media after the meet, Chief Minister V. S. Achuthanandan said the Government would immediately call global tenders for this public-private partnership project, costing Rs.43.60 billion (U.S. $ 1,015 million) as per 2003 estimates, so that a joint venture company for implementing it would be in place by November this year. The Government's plan is to have the works started by December 2008.
The State public sector company Vizhinjam International Seaport Limited will act as the nodal agency for executing the preparatory work connected with the project. The State Government will have 24 per cent stakes in the project, the rest being reserved for the successful bidder. Conceived along the `build-operate-transfer' mode, the project will have to be transferred to the Government after 30 years.
"The response to this meet was quite encouraging. We are confident that everything will fall in place as per plan," he said.
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