In a move aimed at reshaping coastal infrastructure, the Kerala government has signed agreements to develop a large-scale logistics master plan at the Vizhinjam International Seaport. The project involves a total investment of ₹2,000 crore and is expected to strengthen the port’s role in regional and national trade.
The memoranda of understanding were signed at the Legislative Assembly Building in Thiruvananthapuram. Chief Minister Pinarayi Vijayan presided over the signing ceremony.
The agreements signal a strategic shift to transform Vizhinjam into a comprehensive economic development hub. The government plans to keep critical infrastructure under public sector ownership while following a Public-Private Partnership model for operations. The collaboration brings together state-owned Vizhinjam International Seaport Limited and 3 central public sector undertakings, Indian Oil Corporation Limited, Container Corporation of India Ltd, and Central Warehousing Corporation.
Officials said the partnership is intended to avoid monopolisation in cargo handling, ensure fair pricing for traders, and safeguard national maritime interests. The overall ₹2,000 crore investment has been divided across 3 key sectors.
Indian Oil Corporation Limited will invest around ₹700 crore to establish large-scale bunkering facilities at the port. This is expected to position Vizhinjam as a major energy hub in the Indian Ocean region.
Container Corporation of India Ltd will invest about ₹600 crore to develop rail-linked infrastructure. This includes Inland Container Depots and Container Freight Stations aimed at enabling faster cargo movement across India.
Central Warehousing Corporation will invest around ₹700 crore to build a multi-modal logistics park spread over nearly 50 acres. The facility will feature cold storage units and export-oriented infrastructure. The government clarified that this development will not place any financial burden on the state.
With these investments, the Vizhinjam port is expected to evolve beyond a transshipment facility into a key logistics and economic centre, supporting trade, employment, and long-term growth.
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