Revelations by auditor puts first trans-shipment terminal in the dock

TIN news: The Comptroller and Auditor General (CAG) has made a revelation in a report submitted to Parliament last week that the Cochin Port Trust, the Union govement-owned entity which implemented the facility on a public-private-partnership (PPP) model, actually, forced inteational container trans-shipment terminal on DP World, by diluting a key tender clause for its construction. It’s a project that continues to baffle port industry experts. India’s first attempt to build an inteational ...