Vizhinjam Sets Sail into Economic Promise

Date:

VIZHINJAM DIARY / Raju G. Mendez

Thiruvananthapuram: The Vizhinjam International Seaport Limited envisioned over a decade ago since its inception in 2015, is now operational, fulfilling the dreams of those in the region who have risked their lives time and again fishing to make ends meet.

The ship San Fernando, setting sail from China, arrived at Vizhinjam port today, heralding promising and constructive economic impacts on the region and India’s trade infrastructure at large.

The port will bring numerous benefits, including job creation and significant investments in various forms for its beneficiaries.

As a symbol of liberation from perennial budgetary constraints to economic freedom, the port will catalyze economic growth by promoting economic, institutional, technological, and maritime trade, influencing other industries, and attracting substantial investments to the region.

Situated at the shoreline with deep sea depths and perpetual winds, Vizhinjam port, an ideal intersection of sea and land, has long been a favorite destination for tourists, located just yards away from Kovalam beach. Its grandeur and uniqueness as an international sea port are unquestionable.

The port’s features and its inaugural operations will undoubtedly make it a prime spot for generating revenue through tourism sector growth.

Regarding tourism, the port’s development is expected to contribute significantly to coastal development north of Vizhinjam and the establishment of smaller ports.

The port’s state-of-the-art infrastructure, including automation, will facilitate the quick handling of megamax container ships and provide ancillary services such as ship repairs, crew changes, and bunker supply.

Gautam Adani, CEO of Adani Vizhinjam Port Pvt Ltd, mentioned that the group alone will invest ₹11,000 crore to complete phase II of the maritime modernization plan, which aims to address sectoral shortcomings and expand “port-led development.”

spot_imgspot_img
Let us progress collectively along the path of righteousness. Those who share our beliefs will work together. 'News Politik' is presented to you for dissemination.

Popular

More like this
Related

Dhanush Files Lawsuit Against Nayanthara, Vignesh Shivan, and Their Production House

By Web Desk Chennai: Dhanush has filed a lawsuit against...

High Court to Hear Petition for CBI Probe into Kannur ADM Naveen Babu’s Death on December 6

By Web Desk Kochi: The Kerala High Court will consider...

Cabinet Decides Not to Accept Recommendation to Raise Pension Age to 60

Photo: Facebook/Kerala Government Secretariate By Web Desk Thiruvananthapuram: The Cabinet...

CM Pinarayi Criticizes League’s Political Shift, Clarifies Remarks Not Against Sadiqali Thangal

Kozhikode: Chief Minister Pinarayi Vijayan has reiterated his criticism...