A transshipment hub is being planned by the Andaman and Nicobar Islands Administration with the Free Trade Warehousing Zone in South Bay, Great Nicobar Island. The objective is to provide Indian shippers an alternative to the Colombo, Singapore and Port Klang (Malaysia) transshipment ports. The Port Management Board, Andaman and Nicobar Islands, has called for an Expression of Interest (EoI) from global players to participate in the terminal development under the private-public-partnership mode. The developers need to design, finance, construct, operate and maintain the container terminal for 30 years. According to the sources, it would cost over $1 billion to build a transshipment terminal. The Great Nicobar Island has a natural depth of over 20 m to handle large ships.