Cochin Shipyard eyes Kerala repair complex

Mumbai: Cochin Shipyard Ltd has expressed its interest in setting up a ship repair complex/shipyard near the proposed international transhipment port at Vizhinjam.

The EoI has been submitted by the company to the Kerala Government for ajoint venture. Cochin Shipyard has projected a requirement of 150-200 acres of land with a waterfront length of 1.5 km to 2 km, which will have connectivity to the shipping channel. Initial investment, excluding the land cost, is expected to be around Rs 1,000 crore.

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