Kerala Approves ₹810 Crore Land Acquisition for Vizhinjam Port Development

The Kerala state cabinet has approved the acquisition of 230 acres of land to support ancillary development linked to the Vizhinjam International Seaport project.

The land will be acquired from Kottukal, Maranalloor, and Amaravila areas under the provisions of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR Act). The total estimated cost of acquisition is ₹810 crore.

This initiative is aimed at enabling port-led industrialisation by creating a supporting ecosystem around the seaport. The acquired land will be used for:

Logistics and warehousing facilities
Industrial units
Infrastructure supporting port operations

Regarding funding:

₹283.68 crore will be sourced from the Plan Scheme Treasury Saving Bank Account of Vizhinjam International Seaport Limited (VISL)
The remaining amount will be financed through a loan sanctioned by NABARD (National Bank for Agriculture and Rural Development)

The cabinet has also authorized VISL to carry out all activities related to industrial and infrastructure development on the acquired land.

Officials expect this move to strengthen the economic ecosystem around the port and accelerate regional industrial growth.