India’s Cabinet Committee on Economic Affairs (CCEA) has said that Dubai Ports International (DPI), which won the 30-year concession to build and operate the Vallarpadam international container terminal near Kochi in south India, should start developing the terminal as soon as possible.
When the tender for Vallarpadam was floated no conditions were set and it was understood that the winner would build up traffic to at least 400,000 TEU at the existing Rajiv Gandhi Container Terminal in Kochi before shifting operations to Vallarpadam....
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This complete item is approximately 280 words in length, and appeared in the September 2004 issue of WorldCargo News, on page 6.
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