Q. The company undertaken the construction of vizhinjam port is ?
Solution:
- In August 2015, the Government of Kerala signed a 40-year concession agreement with Adani Vizhinjam Port Private Limited for the development works of Vizhinjam International Port.
- For the implementation of the agreement, the Government of Kerala has formed a special purpose vehicle named Vizhinjam International Seaport Limited (VISL), which is 100% government owned.
- Jaipur and Guwahati airports were also handed over to Adani Group.
- Foundation stone laying of Vizhinjam port was held on 5th December 2015.
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