Vizhinjam International Seaport, strategic deep-water port, set to be inaugurated by PM Modi

Prime Minister Narendra Modi will on May 2 inaugurate Vizhinjam International Seaport, a strategic maritime project near Thiruvananthapuram in Kerala. Making the announcement, Kerala Chief Minister Pinarayi Vijayan said Vizhinjam is India's first semi-automated trans-shipment port. Vizhinjam port is the first Greenfield port project in India, initiated by a state government with an investment exceeding Rs 18,000 crore. Developed under the Public Private Partnership (PPP) mode, it stands as one of the largest initiatives in the country's port sector. Vizhinjam's strategic location near international shipping routes significantly reduces transit times for vessels, making it a pivotal point for maritime trade. As one of India's few natural deep-water ports, it can efficiently accommodate large cargo and container ships. The development of Vizhinjam International Seaport is poised to boost Kerala's economic growth by creating jobs, enhancing trade, and attracting investments. Vizhinjam is set to become a key player in regional trade, potentially serving as a gateway for commerce between Southeast Asia, the Middle East, and Africa. The project was allotted to APSEZ after the Government of Kerala and Adani Vizhinjam Port Private Ltd. (AVPPL) agreed to a concession agreement in 2015. #VizhinjamSeaport #Adani #Kerala Join ANI's YouTube membership to get access to perks:    / @aninewsindia   Subscribe now and press the bell icon 🔔 to get new video updates: https://bit.ly/2UV4ygi -------------------------------------- ANI is South Asia's leading Multimedia News Agency providing content for every information platform, including TV, Internet, broadband, newspapers, and mobiles. Subscribe now! Enjoy and stay connected with us!! ☛ Subscribe to ANI News YouTube channel: https://bit.ly/2UV4ygi ☛ Visit our Official website: https://www.aninews.in/ ☛ Follow ANI:   / ani   ☛ Like us:   / aninews.in   ☛ Email to: anicontent@aniin.com, internetani@aniin.com ☛ Copyrights © All Rights Reserved ANI Media Pvt Ltd.