Fwd: Golden Opportunity to Invest in Real Estate -Vallarpadam Container Transhipment Terminal
MOTILAL OSWAL KURIACHIRA
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Plot for Sale (5) Vallarpadam Container Transhipment Terminal (ICTT) |
Introduction
India is committed to the development of Container Terminal (ICTT) in Vallarpadam, the country's first global hub terminal, to avoid transhipment of Indian containers through the adjacent foreign ports like Colombo, Singapore and Salalah.
One of the essential requirements of these hub ports is that it should be adjacent to the trunk sea trade route for the minimum diversion of the mother vessels so as to reduce its unproductive voyage and port time.
Cochin, being adjacent to the trunk sea trade route and linked to the hinterlands through a well-developed system of National Highways and rail connection, could be an ideal location for the development of the hub terminal.
Once complete, Vallarpadam is likely to gift India one of the best hub ports in the world.
Vallarpadam Container Transhipment Terminal (ICTT)
Vallarpadam is a part of the existing Cochin port. The Cochin port became a major port under the Major Port Trust Act 1963 and now has crude handling facilities, containerization of cargo and electronic data interchange facilities, which have put Cochin in the front as far as port development in the country is concerned. The Cochin port has unique geographical advantages as it is near to international sea trade routes which connect Europe and the Gulf to South East Asia and the Far East.
Vallarpadam Container Terminal Project (VCTP) will be a unique project in infrastructure, especially to boost containerization in India. VCTP was inaugurated by Prime Minister Dr. Manmohan Singh on February 16, 2005. While inaugurating VCTP, Dr. Manmohan Singh said, "The project would be a role model for private-public partnership, blending efficiently private sector managerial efficiency and marketing acumen with public sector capital and infrastructure planning."
VCTP will be India's first ever International Container Trans-shipment Terminal (ICTT). According to a CNBC report, this project will enable India to move into the top
20 maritime nations. A detailed study of VCTP was done by Frederic R Harris, the Dutch Consultants and the total establishment cost of VCTP has been estimated at Rs. 2,118 cr. Dubai Ports International (DPI) has emerged as the successful bidder for developing and operating the project on a Build-Operate-Transfer (BOT) basis for 30 years by quoting the highest revenue share of 33.30% to the Port Trust and the project is expected to be completed by 2009. It is expected to be one of the largest single-operator trans-shipment terminals in India.
The Department of Environment has given the final permission for the road, which has started the construction now. The Minister pointed out that the Ministry had envisaged nearly Rs1 lakh crore of investments in the Port and Ship building sectors. The ports sector envisaged an investment to the tune of Rs 55,000 crore in 276 projects by 2011-12. In the shipbuilding and repair sector, the Government envisaged an investment to the tune of Rs 45,000 crore by 2025 in 111 projects.
ICTT project at Vallarpadam has been progressing as per schedule and the India Gateway Terminal has already conducted soil inspection, test piling and studies on shipping moorings at the site. It is expected that IGT will finalise the drawings and designs in consultation with the port before October. The construction of the terminal has commenced by January 2007 and will complete by January 2009.
Geographical Advantage of Cochin
For generations, Cochin has been the ideal place for international trade. Cochin Port is situated in Willingdon Island, just 4kms from Cochin City. This all weather port is strategically located on the East-West trade route at Latitude 9 degree 58' North and Longitude 76 degree 14' East, on the South West Coast of India about 930 kms. South of Bombay , and 320 Kms. North of Kanyakumari. The port is only 10 nautical miles away from the direct sea route to Australia and the far East from Europe. No other Indian port enjoys this proximity to the maritime highway. Also proximity to the Airport and Railway Terminus gives it instant access to the world.
Plot for Sale
Area: 28 Acres (1219680 Square Feet, 11.331198 Hectares, 135520 Square Yards) Location: 2.5 Km (1.6 Miles) from Vallarpadam Container Transhipment Terminal (ICTT)
A Google Earth View of the Plot
Proposed NH to Kalamassery (work in progress) Bridge
Drawina from National Hiahwav (NH) Authoritv of India
Proposed NH to Kalamassery (work in progress)
Facilities at Vallarpadam Container Transhipment Termina l
Terminal Information
Storage Capacity of Terminal
Terminal Capacity Terminal Size Berths
Alongside Draught Channel Depth Rail
RTG yard - 888 Ground Slots / Stacker Yard -
753 and 151 Reefer slots
450,000 TEUs
9 Hectares
3 Nos,560 meters
12.5 meters
13.8 m
Single line capable of handing 80 boxes in one
placement.
Equipment
Ship to shore cranes - 4 Nos
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Type / Manufacturer |
Rail Mounted Quay Crane 2 Nos. Ansaldo, Italy |
Mobile Harbour Cranes 2 Nos. Gottwald, Germany |
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Lift Capacity under spreader |
40 mt |
40 mt (Provision for twin lift) |
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Lift Capacity under hook |
60 mt |
100 mt |
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Out Reach |
36.5 m |
13 Across |
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Back Reach |
10.0 m |
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Spreader Height Above |
26.5 m |
Hoisting height above ground 23 M to 40 M at a radius of |
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Crane Rail |
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50 M to 11 M |
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Rail span |
30 M |
N.A |
Yard Equipment
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Item |
Make |
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Rubber Tyred Gantry Crane |
IMCC |
4 Nos (1 over 5 containers) |
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Morris |
1 No. (1 over 4 containers) |
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FELS |
1 No. (1 over 4 containers) |
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Heavy Duty Reach Stacker 40 MT |
PPM |
2 Nos |
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Indital |
1 No. |
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Kalmar |
2 Nos. |
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Light Duty Reach Stacker 8 MT |
Indital |
2 Nos |
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Terminal Tractors |
Ashok Leyland |
24 Nos |
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Terminal Trailers |
BE MAC |
23 Nos |
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Other Projects started along with ICTT |
1. LNG Re-gasification Terminal
A LNG re-gasification terminal of capacity up to 5 MMTPA, to be set up by M/s Petronet LNG Ltd.
Location Puthuvypeen
Area 40 ha
Facility LNG Re-gasification plant with capacity of 5 million tons
Investment Rs. 1600 crores
Terminal To receive vessels 280 m long & 11.5 m draft
Time Frame 4 years
2. International Bunkering Terminal
Cochin Port is just 11 nautical miles away from the maritime highway connecting Gulf to the Far East and Australia. Taking advantage of this geo-strategic location of the port, development of an international bunkering terminal is on the anvil.
Location Puthuvypeen
Area 40 ha
Capacity Initially 1 million tons to reach 5 million tons in phases
Investment Rs. 195 crores (Estimated Investment by Private partners)
Execution On Licence Basis
Time Frame 2 years for First Phase
3. International Ship Repair Complex
An International Ship Repair Complex would also be set up at Cochin to carry out non-survey repairs and other minor repairs of the vessels.
Location Puthuvypeen
Area 40 ha
Investment Rs. 315 crores (Expected Investment by Private partners)
Execution On BOT Basis - Feasibility study in progress
Time Frame 4 years
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4. Crude Oil Handling for Kochi Refineries Kochi Refineries Ltd. is setting up a Single Buoy Mooring facility in the port, to enable the handling of VLCCs. |
Location 18.7 km (10 Nm) off Puthuvypeen
Area 89 ha at Puthuvypeen (Tank Farm Area)
Facility Single Buoy Mooring for VLCC
Tankage 3 lakh tons
Investment Rs. 630 crores (Investment By KRL)
5. International Cruise Terminal
Considering the tremendous potential for promoting port based tourism products, Cochin Port has decided to set up a Cruise Terminal offering the most modern services on international standards.
Location To be identified by the Consultant
Area 2 ha
Facility World Class Cruise Terminal offering services and amenities of
International standards to the Cruise Liners and Tourists Investment Rs.55 crores (Estimated Investment) Execution On BOT Basis Expression of Interest invited for appointment of
consultants - Time Frame 2 years
6. Port Based Special Economic Zone - Features
The Government of India has notified Vallarpadam and Puthuvypeen areas within the port limits as two separate Port Based Special Economic Zones. Several Projects, including Free Trade Warehousing Zones, are expected to come up here.
Location Vallarpadam & Puthuvypeen
Area 448 ha (178 ha at Vallarpadam & 270 ha at Puthuvypeen)
Developer Cochin Port
Industries Textiles, Gems & Jewellery, Petroleum Products, Chemical,
Engineering Goods, Agricultural Products, Marine Products, Electronic
Goods, etc. Investment All port development projects to be brought under the aegis of SEZ -
Total Investment: Rs.7500 crores (includes Rs.1100 crores for SEZ
development)
Execution Public-Private participation Time Frame 4 years
View current Status of the Projects at: http://www.cochinport.com/pdf/dev info-projects.pd f
Other Useful Links
http://www.proiectsmonitor.com/detailnews.asp?newsid=9901 http://www.vallarpadam.com/best hub port vallarpadam.htm http://www.vallarpadam.com/vallarpadam international container terminal.htm http://www.vallarpadam.com/whats new.htm
http://www.vallarpadam.com/india uae port deal-dp world ports.htm http://www.blonnet.com/2006/07/24/stories/2006072400310600.htm http://iqtpl.com/html/iqt vallar.htm
Plot for Sale (a), Thuthivoor- Kakkanad
PICTURE 1. LAND OVERVIEW
PICTURE 2. PLOT AND ROAD MARKED
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PICTURE 3. LAND SKETCH
OTHER DETAILS Extent of land Type of land Location
Description of land Main Features
5 Acres
"Nilam" ( Not agriculture land )
Thuthiyoor, Kakkanad ( 3 KM from Seaport- Airport
Road)
6
meter wide road access, 350 meters ( 0.35 KM)
water front on barge and boat service route.
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Around 160 acres of land (Nilam), left side of proposed
property is purchase by UNITECH LTD.
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Purchase of 50-100 Acres of land, right side of
proposed property by
SAHARA GROUP is under
processing.
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The front side of the property is developing by
government in the name of INDIRA NAGAR
HOUSING PROJECT.
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Being a "NILAM" (not Agriculture land), the proposed
property can be easily fill ( 3 ft filling required ) with
the permission of Inland Navigation Department and
cost of filling comes around Rs.5000/- per cent only.
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The proposed plot is just 3 KM away from Seaport -
Airport Road and 7 KM from proposed
SMART
CITY. The plot is just 1.5 KM away from the proposed
THAMMANAM -PULLEPADY ROAD; so the distance
to the Cochin city is reduced to one third i.e. 6 KM.
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The projects of the giant builders like UNITECH,
SAHARA and DLF are comings in this area; the
potential of land value appraisal is very high.
For further details contact MR.Vijo on +91 9895977410
Vijo Joy Kuriakose P.
+91 9895977410
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