Lanco has emerged highest bidder for the Rs 8000 crore Vizhinjam Trans shipment Port in Kerala. LANCO has tied-up with Pembinan Radzai Sdn., Bhd (PRSB), Malaysia for this project. The project is proposed to be developed as a Container Transhipment hub, given its 15 meter natural draft and proximity to International sea routes. The project was envisaged to be developed in 4 phases with an ultimate capacity of 6.5 Million TEUs (Twenty foot Equivalent Unit). The Port will be equipped with state of the art technology, equipment and highest industry service standards. The construction of the initial phase would be completed in 60 months and the other 3 phases will be initiated after reaching stipulated traffic levels.