Kerala in its wish to reap the benefits of the upcoming Vizhinjam Deepwater Sea Port, commissioned in May 2023, through its ports department takes a slew of projects to improve the coastal infrastructure.
Towards achieving this goal, the Prism Online Investors’ Meet was held on Wednesday, informed KSEB former chairman NS Pillai, who took over as the chairman of Kerala Maritime Board on Thursday.
The meet was attended by as many as 120 investors from countries like the UAE, Qatar, and Malaysia and NRI investors, in which the port department announced a slew of projects the state plans to develop through a public-private partnership or revenue-sharing model.
A slew of projects announced during the meet includes the establishment of shipbuilding and ship repair yards, dry docks, offshore wind energy projects, water sports, and tourism projects.
“The Kerala Maritime Development Corporation has got infrastructure facilities at Neendakara in Kollam, which can be utilized to start a maritime institute. The Kerala Maritime Academy can impart skill-based training. We are planning to explore the coastal and marine resources to tap the potential of the blue economy,” said Pillai.
“There is a mechanical engineering workshop at Kollam port which we want to develop into a ship repairing yard. There is tremendous scope for a repairing yard catering to small ships. Another project is to establish a shipbuilding yard at Poovar in Thiruvananthapuram. There is immense potential for the yard as the opening of Vizhinjam port will bring new opportunities. In Ponnani, there is potential for a floating terminal, and cruise vessels can be operated from here,”PT Joy, private secretary to Ports Minister Ahamed Devarkovil.