Vizhinjam International Seaport Limited (VISL)

Vizhinjam International Seaport Limited (VISL) – a Company fully owned by Government of Kerala, was incorporated to implement the flagship project – the Vizhinjam International Seaport Project, the country’s first deep-water transhipment port.

The Company is envisaged to facilitate the development of a deep-water port at Vizhinjam and be a prime mover of a sea change for the global maritime trade thereby empowering regional and national economic growth. VISL provides all supporting modern infrastructure for the development of Vizhinjam Port Project as well as other development needs such as Logistics Centre / Free Trade Zone / Warehousing Zone for the port project and allied projects which could be facilitated on account of the project.

VISL will be in the forefront to head allied projects and spearhead port led development in the State to the fullest. This will ensure immense potential for future business, logistics and create employment opportunities paving way for a developed State. The Vizhinjam International Seaport and the Port-led activities is envisioned to be the engine of the Nation’s development as it would be the Gateway of South India.

VISL would be the catalyst for socio-economic development of the State and Nation as it would harness the Vizhinjam International Seaport and its Port-led activities to the fullest potential.

Objectives/Goals

Procurement of land
Obtaining Environmental Clearance
Obtaining Viability Gap Funding (VGF) assistance from Government of India
Selection of Concessionaire
Development of external infrastructure such as power, water and rail connectivity
Monitoring of adherence to Concession Agreement
Executing all obligations and responsibilities of the Government
Monitoring performance standards
Selection of third party agencies (Independent Engineer, Panel of Auditor and Safety Consultant)

BOARD OF DIRECTORS

VISL is set up by the Government of Kerala with a dedicated team to conceive and coordinate various project related responsibilities. The team consists of experts from Management, Infrastructure, Administration and company affairs. The team is advised by host of external consultants who are global leaders in their chosen areas.