Date:19/05/2006 URL: http://www.thehindubusinessline.com/2006/05/19/stories/2006051900640700.htm

Back World Bank team visits Kochi port

Our Bureau

Kochi , May 18

A nine-member team of experts from the World Bank led by Mr George Tharakan visited Cochin Port Trust on Wednesday as part of its study on the Indian port sector.

In the context of the rapidly expanding trade in India, the World Bank is undertaking a review to identify measures that would ensure that investments take place in the port sector in India in a timely and cost-effective manner.

The team will review the demand-supply situation with respect to the port sector, identify physical, financial and policy constraints to development and suggest mitigation measures for the same.

The team held discussions with Mr N. Ramachandran, Port Chairman, Capt Subhash Kumar, Deputy Chairman, and other senior officers of the Cochin Port Trust and visited Puthuvypeen and Vallarpadam areas where various maritime-related development projects are proposed.