DP World has announced that it has won a major concession to develop, operate and maintain a new container terminal at Deendayal port in Gujarat, on the western coast of India, as previously reported by Container News.
The contract was awarded by the Deendayal Port Authority on a Build-Operate-Transfer (BOT) basis.
Specifically, 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 1,100-metre berth and will be capable of handling vessels with a carrying capacity of over 18,000 TEUs. The total capacity of the terminal will be 2.19 million TEUs.
According to DP World, the terminal is expected to help unlock future container traffic growth in India, catering to exports and imports from Northern, Western and Central India, reducing logistics costs and enhancing efficiencies across supply chains.
Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, commented, "India represents a significant landscape for opportunity. 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."
The project will complement initiatives of the Government of India, such as the PM Gati Shakti Master Plan and National Logistics Policy, which have been introduced to provide greater focus on developing multimodal logistics infrastructure promoting economic growth.
Source: Container News
