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Feb 02, 2023, 03.00 PM

DP World wins bid for development of a mega-container terminal at India’s Deendayal Port

The project will complement initiatives of the Government of India, such as the PM Gati Shakti Master Plan and National Logistics Policy, which has been introduced to provide greater focus on developing multimodal logistics infrastructure promoting economic growth.

The project involves the construction of a mega-container terminal at Tuna-Tekra through a Public Private Partnership (PPP).

DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast of India.

The project involves the construction of a mega-container terminal at Tuna-Tekra through a Public Private Partnership (PPP). Once complete, the terminal will include a 1,100m berth, and will be capable of handling vessels carrying more than 18,000 TEUs. Total capacity will be 2.19 million TEUs. The contract was awarded by the Deendayal Port Authority under the Build-Operate-Transfer (BOT) basis.

Once complete, the terminal will help unlock future container traffic growth in India, catering to exports and imports from Northern, Western and Central India, reducing logistics cost and enhancing efficiencies across supply chains.

The project will complement initiatives of the Government of India, such as the PM Gati Shakti Master Plan and National Logistics Policy, which has been introduced to provide greater focus on developing multimodal logistics infrastructure promoting economic growth. DP World’s strategic investments in ports and terminals in the country is aligned with the Indian Government’s Vision 2047, which aims to quadruple the country’s port handling capacity.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, said: “India represents a significant landscape for opportunity. As the value chain becomes more integrated, significant growth opportunities exist across the entire Indian ports and logistics space. With the development of Tuna Tekra mega-container terminal in Gujarat, DP World will be well placed to capture these opportunities, further connecting Northern, Western and Central India with global trade and driving value for all our stakeholders. This is yet another step in our collective efforts with the National Investment and Infrastructure Fund to leverage our expertise in logistics infrastructure and local knowledge to further strengthen India’s supply chain”.

 
 

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