Central Aid Sought for CPT

THIRUVANANTHAPURAM: The state has approached the Centre seeking a financial aid of Rs 400 crore for the Cochin Port, Chief Minister Oommen Chandy told the Assembly and assured that the government would do the follow-up measures in this regard.A meeting with major stakeholders of Cochin Port and International Container Transshipment Terminal (ICTT) would soon be held, Chandy said while responding to a submission by Benny Behanan on the plight of Cochin Port post commissioning of ICTT.                                                            

Benny said the port has to spent close to Rs 110 crore for dredging per year.

The Chief Minister said currently only one-third of ICTT’s capacity is being utilised. He also hoped that once the LNG Terminal becomes fully functional, that would reduce the burden on Cochin Port. “We have sent a letter to the Centre demanding for Rs 400 crore financial support for the port. The follow-up will be done,” he added.

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