IL&FS Infrastructure Development Corporation Ltd has invited expressions of interest from operators for the operation and maintenance of seven inland waterway terminals in Kerala on PPP basis for a period of 7 years.
As per report, the West Coast Canal from Kollam to Kottapuram along with Champakara and Udyogmandal canals has been declared as National Waterway 3.
The Inland Waterways Authority of India has constructed 7 terminals on NW-3 in the state, namely Kottapuram, Aluva, Maradu, Thanneermukkom, Vaikom, Thrikkunapuzha and Kayamkulam.
The report added that there is a potential to use NW-3 for export of minerals, nut, coir, rubber and spices as it connects all these terminals to Kochi Port, which is used for export of these commodities. The terminals are also located near places of tourist interest and hence there is a potential for tourist traffic on these terminals.
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