Malaysians move in on Colachel Colachel,India Port developments,Tamil Nadu, July 2000

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Published: July 2000

Malaysians move in on Colachel

Malaysian interests have presented a Rs20 bill (US$450 mill) plan to develop a minor fishing harbour in south India into a port of international standards...

The project at Colachel on the southern-most tip of India has been offered for foreign investment by the state of Tamil Nadu. Last year, the Malaysian government sanctioned US$1 mill to investigate the feasibility of transforming the port into a regional multi-purpose cargo hub with emphasis on container handling (see WorldCargo News October 1999, p9)......

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Approx 200 words from WorldCargo News, July 2000, page 8.

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