P&O Ports is expected to take a 69 per cent equity stake in a new company to be set up to operate a container terminal at Kochi (Cochin) in south India (see WorldCargo News February 2000, p8). Kochi Port Trust is expected to pick up a stake of 26 per cent in the company and other investors will get the rest, officials said.
The joint venture company will initially operate the Rajiv Gandhi Container Terminal at Kochi and will also develop and operate the planned Vallarpadam Load Centre after rail and road links to it have been established....
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Approx 220 words from WorldCargo News, September 2000,
page 10.