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Kochi has got a handful at the Emerging Kerala investors' meet. The Rs 20,000-crore integrated refinery expansion project by the BPCL to come up at BPCL Kochi Refinery tops the list. The Smart City project, will have its master plan ready by the third week of this month.
There are a couple of other projects, including the ship repair yard at the Cochin Port Trust and the development of Maritime University that received significant mention at the Emerging Kerala. The city has also benefited from the Seaplane services project in addition to the much-awaited Water Metro project.
All eyes are on the Rs 750-crore ship repair yard facility to be built at the Willingdon island by the Cochin Shipyard. The documents in this regard have been handed over to the Chief Minister in the presence of Union Shipping Minister G K Vasan.
Vasan, who spoke at the shipping sessions at the investors’ meet, clearly pointed out at the need of having more public-private partnerships (PPP) in the shipping sector. The Minister also made it clear that the Kochi campus of Indian Maritime University will be further developed.
The Cochin Port Trust is looking at investment options for its various projects including the ship repair yard by the CSL.
Free trade and warehousing zone
Other projects include free trade and warehousing zone which has already got the approval of the Commerce Ministry. The initiative will be coming up on 102 acres of land. The Expressions of Interest for the project have already been made and the tender will be floated by next month, the officials said.
Tea trade centre
The Tea Trade Centre, conceptualised in the Port, is another project for which investments are sought. The tenders for the project are expected to be out by October-November this year.
Automated bulk terminal
The Automated Bulk Terminal which is planned to come up at the Rajiv Gandhi terminal is another project for which investments have been invited.
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