FINANCIAL NEWS

DP World to build USD200m terminal in India

22 Jun 2013

(MENAFN) Dubai-based DP World’s Chairman, Sultan Ahmed Bin Sulayem, stated that the company plans on investing around USD200 million in constructing a new terminal in India, reported Arabian Business.

The Chairman also said that the planned container terminal at Jawaharlal Nehru Port will be built next to DP World’s Nhava Sheva International Container Terminal (NSICT).

Bin Sulayem added that the terminal is expected to start operations in two years. He also added that the terminal will be equipped with 4 rail mounted quay cranes and 12 rubber tyred gantry cranes.

It is worth noting that the new 330-metre terminal with 27 hectares of yard will add 800,000 twenty-foot-equivalent container units of capacity to Jawaharlal Nehru Port and help ease congestion.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more