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Indo-Malaysian group gets Vizhinjam
12 Jul 2008
The Malaysian company Penbinan Redzai, along with Indian partners Lanco Infratech and Lanco Kondapalli Power, has been awarded a 33-year concession to build a container terminal at the Indian Port of Vizhinjam.
The initial phase of the project must be operational within 60 months; this will be followed by three additional construction phases. Overall cost is estimated to be $2bn.
