HomeShipping & LogisticsDP World wins DPA's container terminal bid

DP World wins DPA’s container terminal bid

Published on

Total projected capacity to be 2.19 million TEUs

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 1,100-metre 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 on a Build-Operate-Transfer (BOT) basis.The project will complement initiatives of the Government of India, such as the PM Gati Shakti Master Plan and National Logistics Policy stated in an official release from DP world.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World said: “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.”

Rizwan Soomar, CEO and MD, India Subcontinent and sub-Saharan Africa, DP World added: “We are honoured to partner with Deendayal Port Authority in developing this new mega-container terminal at Tuna-Tekra.

We are confident that our deep expertise in developing critical infrastructure under Public-Private Partnerships will drive value for all stakeholders involved in this project.”

The new terminal will be constructed and equipped with modern facilities and equipment over an area of approximately 63 hectares, said the release.

spot_img

Latest articles

Cmde Dhody takes charge at INS Kalinga

Commodore Sarvdeep Singh Dhody recently assumed Command of INS Kalinga and took over as the...

Vizag MP rakes up Cargo Pollution menace with Sonowal

Visakhapatnam Lok Sabha Member of Parliament, Mr Matukumilli Sribharat today called upon Union Minister for Ports,...

Global Tech Giant IBM unveils New Centre in Vizag

Centre to support delivery of consulting and technology services for global clients Global Technology giant...

AP inks pact with Russia to modernize Vizag’s Urban mobility needs

Moscow operates one of the world’s most extensive & technologically integrated urban transport networks In...