Union minister for shipping, road transport and highways Nitin Gadkari takes a look at the replica of the international ship repair facility (ISRF) to be set up by Cochin Shipyard Ltd
The project is scheduled to be completed in two years
Kochi: The Rs 970-crore ISRF facility is coming up at Willingdon Island on a 40-acre land given on lease by the Cochin Port Trust to CSL. The project is scheduled to be completed in two years. The ship repair facility of global standards is being designed to cater to the needs of ships from across the world, said Cochin Shipyard chairman and managing director Madhu S. Nair. “On completion within two years, Kochi will be a major ship repair hub in India generating an additional employment of around 1,500 personnel,” he said.
Later, inaugurating a food market at Kizhakkambalam on the outskirts of Kochi, Mr Gadkari also promised central funding for the development of Kizhakkambalam-Per-umbavoor, Vazhakkulam-Karukulam and Thadiyittaparambu-Vadukode roads in the region. The funding will be allocated based on the request made by the Kizhakkambalam panchayat ruled by the 20-20 movement, he said.