ICTT set to be stepping stone to Kochi makeover

  • 15/02/2005

India's long-cherished dream of an international transshipment hub, which will lure cargo away from the neighbouring port of Colombo, is finally coming true. After considerable dilly-dallying over the issue of Vallarpadam as a viable proposition for an International Container Transshipment Terminal (ICTT), the day has come with Prime Minister Manmohan Singh set to lay the foundation-stone for the Rs 2,118 crore mega project. The commencement of the terminal project will also ignite comprehensive development programme involving over Rs 7,000 crore in the State and that too concentrating on Kochi