MIV is a Special Purpose Vehicle promoted by INKEL. INKEL, a government of Kerala initiative, is taking bold steps in creating infrastructure to support the growth of EXIM trade in Kerala. APM Terminals Inland Services is proud to be associated with MIV’s initiative to set up and operate a state of the art CFS in Vallarpadam. The facility will be spread over 18 acres and is likely to be operational in 2013 with a capacity of handling 100,000 TEUs per annum. The MoU was signed at Hotel Le Meridien, Kochi, by Mr. Subhasis Ghosh, Managing Director, APM Terminals Inland Services and Mr. T. Balakrishnan, MD, INKEL Limited and Chairman MIV, in the presence of Mr. Paul Antony IAS, Chairman, Cochin Port Trust, and the Board of Directors of MIV.
“After the success of our fourth CFS in India in Chennai which won the CFS of the Year award recently, we are delighted to be in Kochi to facilitate the growth of Export Import trade here,” said Mr. Ghosh.
Vallarpadam in Kochi is emerging as a gateway port for India’s EXIM trade. Non availability of sufficient high quality inland container logistics infrastructure is seen as one of the deterrents to growth of EXIM trade in Kerala.
“With APM Terminals Inland services coming to Kochi, we are getting world-class processes in running container freight stations, providing customer services that will ensure easy access to efficient container logistics and compliance with international norms of safety, security, health and environment, all at one go,” said Mr. Joseph Sandiav, Head, CFS Business, APM Terminals Inland Services.