Thiruvananthapuram: In a significant boost to Kerala’s maritime and industrial ambitions, the Vizhinjam International Seaport is poised for a massive infrastructure expansion with investment commitments worth ₹2,000 crore to be formalized today. The agreements will be signed in the presence of the Chief Minister, marking the launch of a comprehensive logistics master plan aimed at transforming Vizhinjam into a full-fledged economic growth hub.
The state government will enter into Memorandums of Understanding with leading central public sector enterprises including Indian Oil Corporation, Container Corporation of India (CONCOR), and Central Warehousing Corporation (CWC).
Key Highlights of the ₹2,000 Crore Investment
- ₹700 crore for Fuel Security: Indian Oil Corporation will establish large-scale bunkering facilities to supply fuel to massive cargo vessels. This move is expected to position Vizhinjam as a key fuel hub in the Indian Ocean region.
- ₹600 crore for Rail Logistics: CONCOR will develop container depots and advanced cargo movement systems through rail connectivity, enabling seamless and secure transportation of goods across India.
- ₹700 crore for Logistics Park: CWC will set up a state-of-the-art multi-modal logistics park featuring modern warehouses, large cold storage units, and export-linked facilities. Notably, the project will be implemented without financial liability to the state government.
The development model ensures that critical services such as fuel supply, cargo yards, and rail freight movement remain within the public sector framework. This is expected to prevent monopolization in cargo handling, ensure fair pricing for traders, strengthen India’s maritime security, and safeguard the state’s economic interests.
With these landmark investments, Vizhinjam is set to emerge not just as a port, but as a strategic maritime and logistics powerhouse driving Kerala’s next phase of economic growth.
