Under
the said MoU, the land for development of above mentioned CFS will be provided
by VISL on mutually agreed terms and both organisations intend to jointly work
on developing the said CFS which is expected to have facilities such as
Customs-bonded area, warehouse, Container handling and storage yards,
Import–export cargo handling facilities, Weighbridges, rail siding and other
such related facilities for seamless end to end services to the customers. This MoU was signed in the presence of
Pinarayi Vijayan Hon’ble Chief Minister of Kerala, V N Vasavan Hon’ble Minister
for Cooperation and Ports, Govt of Kerala, Kowsigan (IAS) Secretary -Shipping
& Ports Govt of Kerala, Mr. Sanjay Swarup IRTS CMD/CONCOR and Ms G Gayatri
IRTS- Area Head (South) CONCOR. The signatories for this MoU were Mr. A.
Vijuvin IRTS, Cluster Head Chennai (on behalf of CONCOR) and Ms Divya Iyer IAS
-MD VISL (on behalf of VISL).
Subsequent to the signing of
this MoU, both the parties shall enter into an agreement to frame detailed
terms and conditions of mutual collaboration.
The collaboration reflects the
shared vision of strengthening multimodal logistics capabilities and improving
cargo handling efficiencies at Vizhinjam International Seaport, a key upcoming
deep-water transshipment hub envisioned as a gateway for global maritime trade.
The partnership is expected to support the development of an integrated
logistics ecosystem contributing to regional and national economic growth.
This strategic collaboration
further reinforces CONCOR’s commitment to providing seamless, rail-led
multimodal logistics solutions and expanding logistics infrastructure in line
with the evolving needs of India’s EXIM trade.