During the past year, 1,100 new longshoremen were hired, increasing employment for an industry that already supports 228,000 jobs in the region.
KPD has also received four expressions of interest to develop Azhikhal Port, of which those from Universal Lubricants, Antara Koh and Lagan Holdings came from overseas. Cost of the upgrade is $386.14m. Malaysia’s Trans Resources Corporation also expressed interest in the $55.16m upgrade of Alappuzha port.