Independent journal on economy and transport policy
08:16 GMT+1
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Today the container is inaugurated Indian terminal ICTT
It has an ability to initial traffic of a million container
February 11, 2011
Today to Vallarpadam (Cochin), in the State of Kerala, to the presence of the Indian Prime Minister Manmohan Singh, is inaugurated the container International terminal Transhipment Container Terminal (ICTT), that he is realized with an investment of about 500 million dollars from partnership public-private between the Indian State and an India Gateway Terminal (IGT), the special purpose vehicle participated with 76% from the terminalista group DP World of Dubay, with 15% from the Indian group Container Corporation of India (Concor), with 5% from marine agency and logistic Chakiat di Cochin and with 4% from the Transworld Logistics di Mumbai ( on 17 February 2005). IGT will manage for next the 34 years the terminal on the base of a contract of concession BOT.
The Singh prime Minister has emphasized the necessity for India to have of a great port of transhipment. "The absence of a hub harbour total and the lack of terminal of transhipment - it has explained - has determined a disadvantage for our commerce. Today about 60% of the container in import and export from India Singapore and Columbus are reshipped in ports as. The activity of transhipment carried out through ports foreign countries involves an additional expense of 300 dollars for container and transit an additional Time of 7-10 days. With the construction of this terminal our exporter can now have approached the portacontainer of the main lines that scale one of the positioned ports of India best. Therefore the International Transhipment Terminal of Vallarpadam constitutes a wait milestone in the development of logistic infrastructures of the nation".
With before the three phases of the project, that it is inaugurated officially today and it has involved an investment of 135 million dollars, the new terminal has a line of dock of 600 meters with a backdrop of the depth of -14,5 meters that are able to enliven about a million teu per year. The ability to the terminal, that it will be increased on the base of the question, will reach about 1,5 million teu with the second phase and about three million teu with third.
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Today to Vallarpadam (Cochin), in the State of Kerala, to the presence of the Indian Prime Minister Manmohan Singh, is inaugurated the container International terminal Transhipment Container Terminal (ICTT), that he is realized with an investment of about 500 million dollars from partnership public-private between the Indian State and an India Gateway Terminal (IGT), the special purpose vehicle participated with 76% from the terminalista group DP World of Dubay, with 15% from the Indian group Container Corporation of India (Concor), with 5% from marine agency and logistic Chakiat di Cochin and with 4% from the Transworld Logistics di Mumbai 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
