Vizhinjam International Seaport Secures Rs 2,000 Cr Boost

The Vizhinjam International Seaport received a major boost today as the Kerala government signed MoUs worth ₹2,000 crore with three central public sector undertakings to build key logistics infrastructure around the port. The agreements aim to strengthen the port’s ecosystem and position it as a leading maritime hub in India.

The MoUs were signed in the presence of Kerala Chief Minister Pinarayi Vijayan. The investment will come from Indian Oil Corporation Ltd (IOCL), Container Corporation of India (CONCOR), and Central Warehousing Corporation (CWC). Together, these projects will create a strong support system for cargo handling, storage, and ship services.

Also Read: Smart Manufacturing: From Connected Units to Cognitive Businesses

IOCL will invest ₹700 crore to set up bunkering facilities at the port, allowing large vessels to refuel directly at Vizhinjam. CONCOR has committed ₹600 crore to develop rail-linked infrastructure, including inland container depots and freight stations to improve cargo movement. Meanwhile, CWC will invest ₹700 crore to establish a 50-acre multimodal logistics park with warehousing, cold storage, and export-oriented units.

The state government said the move will help build an integrated logistics network while keeping critical services within the public sector framework. Operating under a public-private partnership model, the Vizhinjam International Seaport is expected to reduce India’s reliance on foreign transshipment hubs and boost trade efficiency.

With these fresh investments, Kerala is pushing to transform Vizhinjam into a full-scale global shipping and logistics gateway.