Vizhinjam International Seaport is an International deepwater multi-Purpose Shipping Hub coming up in Thiruvananthapuram in the Indian state of Kerala.[1] The total project expenditure is pegged at Indian Rupee ₹ 6000 crores ($1.3 Billion) over three phases and is proposed to be developed on the landlord model with a view to catering to passenger, container and other clean cargo. The project is currently in its tendering stage.
Vizhinjam International Seaport Limited (VISL) is a special purpose company, fully owned and set up by the Kerala government with a mandate to attract private sector participation for the port's development and to set up the external infrastructure.
The International Finance Corporation (IFC), a member of the World Bank Group is the transaction advisor to VISL.
IFC has commissioned a team of high quality consultants for the implementation of the project.
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