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Kochi port has accepted the offer of the consortium of three companies for preparing a master plan for redevelopment of Willingdon Island and creation of a business district in the Island.
The port had accepted the lowest offer made by the consortium comprising Maritime Consultancy Pvt Ltd, Mumbai, Groupe SCE (I) Pvt Ltd, Bangalore, and Infrastructure Development Corporation (Karnataka) Ltd, Bangalore — for the assignment, and this was approved by the Board of Trustees.
The objectives of the project are: to utilise the land optimally so as to provide long term economic benefits; to make Willingdon Island an accessible public destination with venues for a range of uses and activities; and to set a standard for excellence and enhance the economic vitality of the port.
Business potential
The consortium will study the business potential of the port for different cargoes both currently handled and those likely to be handled at Willingdon Island, in the tanker berths, ICTT and at the port based at the SEZ in Puthuvypeen and Vallarpadam. It should also prepare a traffic forecast for 30 years in the backdrop of developments taking place both in the port and in the regional and international arenas.
Detailed study
The consultants will prepare a conceptual plan detailing the layout plan of the both the redeveloped Willingdon Island, along with its water front, and the business district. It will also prepare a detailed study of the different investment models, including viability analysis, of both the projects and recommend the most appropriate model.
It may be recalled that Transcare Logistics India Pvt Ltd, while preparing a business plan for the port in 2006, had identified several projects, which included ICTT at Vallarpadam, SBM for crude oil import, and so on, for implementation.
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