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Chief Minister Satheesan criticised the previous government for Vizhinjam port's underdeveloped connectivity. He pledged to improve road and rail links, alongside a new port city vision.
A political conflict arose at Vizhinjam Port's EXIM launch; the Union Minister and BJP MLAs boycotted, citing the state government's refusal to sing 'Vande Mataram', ending an unofficial truce.
Vizhinjam International Seaport opens for full export-import operations on August 18. Mission Samudra, a ₹400-crore plan, aims to transform it into a manufacturing and export hub, boosting Kerala's economy and creating jobs.
The infrastructure project is being implemented under a dedicated agreement between Southern Railway and Vizhinjam International Seaport Limited (VISL).
Tata Group is considering a significant investment of ₹10,000 crore in a shipbuilding project in Kerala, specifically along the Vizhinjam coast.
CPM leaders attacked the Chief Minister over an Adani deal, but a senior CPM figure advised focusing on project completion and dismissed corruption claims, suggesting the share transfer would not cause monopoly.
The Chief Minister stated the UDF government was unaware of the MSC-Adani deal until media reports, denying share transfers and affirming no agreement violation. He awaits a committee report and central government approval before considering the deal.
Kerala's political controversy over a US$1.5 billion shipping investment stems from ideological unease with private capital rather than factual concerns, as the state retains control and benefits from increased project valuation.
CPM state secretary M V Govindan alleged attempts to privatise Vizhinjam port, claiming any share transfer over 25% needs Kerala government approval, and accused Adani of violating the agreement by approaching SEBI without consent.
Adani's proposed 49% sale of Vizhinjam Port to MSC faces Kerala government and opposition scrutiny over transparency, monopoly concerns, and national security, requiring state approval.
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