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Consider the following statements regarding the Vizhinjam International Seaport:
1. Vizhinjam International Seaport is India's first international deepwater transshipment port with a natural depth scalable up to 20 meters.
2. The port is located close to the international shipping route, enhancing its strategic importance.
3. The DBFOT model used for the Vizhinjam project means the private partner is not involved in financing the project.
  • a)
    1 Only
  • b)
    1 and 2 Only
  • c)
    1 and 3 Only
  • d)
    1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding the Vizhinjam Internation...
1. Statement 1 is correct: The Vizhinjam International Seaport is indeed India's first international deepwater transshipment port with a natural depth exceeding 18 meters, scalable up to 20 meters. This depth is critical for accommodating large vessels and motherships.
2. Statement 2 is correct: The port's strategic location, ten nautical miles from the international shipping route, significantly enhances its importance and competitiveness with other major transshipment hubs like Colombo, Singapore, and Dubai.
3. Statement 3 is incorrect: The DBFOT (Design, Build, Finance, Operate, Transfer) model involves the private partner in all these aspects, including financing the project. Therefore, the private partner is indeed responsible for financing the project as part of this model.
Thus, the correct answer is "Option B: 1 and 2 Only".
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Community Answer
Consider the following statements regarding the Vizhinjam Internation...
Overview of Vizhinjam International Seaport
The Vizhinjam International Seaport is a significant infrastructure project in India, designed to enhance the country's maritime capabilities. Let's evaluate the statements regarding this port to understand why option 'B' is the correct answer.
Statement 1: Deepwater Transshipment Port
- Vizhinjam International Seaport is indeed India's first international deepwater transshipment port.
- It boasts a natural depth that can reach up to 20 meters, making it suitable for accommodating large vessels.
Statement 2: Strategic Location
- The port is strategically located near international shipping routes.
- This positioning enhances its importance for global trade, facilitating efficient cargo movement.
Statement 3: DBFOT Model Misconception
- The DBFOT (Design, Build, Finance, Operate, Transfer) model does imply that the private partner is involved in financing the project.
- This statement is incorrect because the private partner does contribute to the financing, which is a critical aspect of the DBFOT model.
Conclusion
- Given the accuracy of Statements 1 and 2, and the inaccuracy of Statement 3, the correct answer is indeed option 'B': 1 and 2 Only.
- This highlights the significance of understanding project financing models in infrastructure development, as well as the strategic advantages of port locations in global shipping.
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Consider the following statements regarding the Vizhinjam International Seaport:1. Vizhinjam International Seaport is India's first international deepwater transshipment port with a natural depth scalable up to 20 meters.2. The port is located close to the international shipping route, enhancing its strategic importance.3. The DBFOT model used for the Vizhinjam project means the private partner is not involved in financing the project.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
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