It is expected to change the
commercial map of South India. Let’s not forget that there was a delay of two
decades in the case of Vizhinjam. The government is moving ahead with a firm
determination not to delay any more. Vizhinjam port is the development gateway
of future Kerala. Special development zones will be started in Vizhinjam like
the Chinese model. It will start by accepting investments from private
individuals including expatriate Malayalees.
There is a huge development potential focusing on Vizhinjam,’ the finance
minister said.
‘Construction work connected to the port is now progressing rapidly. The
work on yard, berth, office buildings etc. is in progress. Soon the dream of
Kerala and India will become a reality. The world’s largest mother ships will
dock at our port. Transshipment operations will begin. Investment is needed to transform Vizhinjam to match the number of
ports in the world. Legislation needs to be made for this. A sprawling hub
of townships, residential areas, industrial hubs, warehouses and entertainment
centres will replace the port. For this, the government is targeting
development projects worth thousands of crores of rupees,’ said Balagopal.