FINANCIAL NEWS

Dubai’s DP World fast tracks project in India

08 Mar 2014

(MENAFN) Dubai’s port operator DP World said that it is fast tracking a project to build new facilities in India so as to start operations as early in 2015 as possible, Xinhua reported.

A major milestone in the development of the new DP World terminal at India’s premier gateway port, Jawaharlal Nehru Port, has been achieved with the ceremonial laying of the foundation stone.

The new terminal is to add 800,000 TEUs (twenty foot equivalent container units) of container capacity to the port, which would ease congestion.

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