Defying naysayers' predictions that the Vizhinjam Port in Kerala would not be operational by 2025, the first container ship, "San Fernando," landed at the Vizhinjam International Seaport on Thursday at 7:00am. The ship will now use the port services to offload about 2,000 containers and transport 400 containers within the vessel. The first phase is projected to be fully completed by September, and the second, third, and fourth phases by 2028.
Here's what the port will mean to the nation: Vijayan inaugurates port State chief minister Pinarayi Vijayan , who inagurated the port, called it a long-cherished dream that has become a reality. The port is owned by the Kerala government and will be operated by the Adani Group for a period of 40 years. The total investment for the port is ₹8,867 crore, with the state government and the central government allocating ₹5,595 crore and ₹818 crore, respectively.
Adani Group reportedly invested ₹4,500 crore for the first phase of the project. Construction began in 2019 Since the construction of the port began in 2019, the project has already created more than 2,000 direct and indirect employment opportunities. Karan Adani, Managing Director of Adani Ports and SEZ Limited (APSEZ), said this number will increase in the coming years.
"And, now, with these wide-ranging developments, we will create more than 5,500 additional direct and indirect employment opportunities right here in Vizhinjam," Karan, who is the son of billionaire Gautam A.
