Thiruvananthapuram, Kerala: Vizhinjam International Seaport, the ambitious project of the Kerala government, is all set to be officially commissioned today, May 2. Prime Minister Narendra Modi reached Thiruvananthapuram on Tuesday night, and is expected to inaugurate the flagship port.

A company fully owned by the Government of Kerala, Vizhinjam International Seaport Limited (VISL) is considered to be India’s first deep-water transshipment port. After the trial runs, the port received its commercial commissioning certificate in December 2024.

Read Also: Vizhinjam Port: Decoding The Controversies

The port is poised to be a prime mover of a sea change for the global maritime trade while transforming India’s role in international trade and shipping, thus enhancing regional and national economic growth.

Developed by Adani Ports and Special Economic Zone Ltd (APSEZ) under a public-private partnership, the port is expected to create immense business potential, logistics and employment opportunities.

The Vizhinjam International Deepwater Multipurpose Seaport in Kerala is a significant advancement in India's maritime infrastructure. https://t.co/sUeQ5k7TK1

— Narendra Modi (@narendramodi) May 2, 2025

The flagship project was completed at an estimated cost of Rs 8,867 crore. Kerala chief minister Pinarayi Vijayan on Monday gave clarification on the project’s funding. Stating that the port is the largest-ever state investment in any port in the country, the chief minister said two-thirds of the cost was borne by the Government of Kerala, underlining that it reflects the state’s strong commitment to development.

The chief minister pointed out the state government provided Rs 5,370 crore and 86 lakh out of 8,867 crore, while the Union Government allotted Rs 818 crore as part of the VGF (Viability Gap Funding) with the condition of sharing the port’s revenue. The rest of the fund – around Rs 2,497 crore-was borne by Adani Ports.

As per the deal signed last year, the government would start receiving revenue after 15 years, namely by 2034 from the project.

Read Also: Adani Group’s Vizhinjam Port: Why The Development Is A Big Deal

Speaking about the commissioning of the project, the chief minister on Thursday said the Vizhinjam Port marks the beginning of a new chapter in India’s maritime journey, placing the nation firmly on the global map.

Tomorrow marks a historic moment as Shri Narendra Modi ji, the Hon’ble Prime Minister of India, dedicates the Vizhinjam International Seaport to the nation. This landmark project – the largest-ever state investment in any port in the country, with two-thirds of the cost borne by… pic.twitter.com/kPk0PVIWpU

— Pinarayi Vijayan (@pinarayivijayan) May 1, 2025