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DP World Wins Bid for Development of a Mega-Container Terminal at India’s Deendayal Port | 2YODOINDIA

DP World Wins Bid for Development of a Mega-Container Terminal at India’s Deendayal Port

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 award 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 introduce 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 align 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”.

Rizwan Soomar, CEO and MD, India Subcontinent and sub-Saharan Africa, DP World, Said :

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“We are honour 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. We remain enthusiastic to continue playing an important role in developing world leading assets to enable trade flow in key markets of India.”

The new terminal will be construct and equip with most modern facilities and equipment over an area of approximately 63 Hectares.

The terminal will be well connect to the hinterland through the network of roads, highways, railways and the Dedicated Freight Corridors.

DP World already operates five marine terminals, two in Mumbai, one each in Mundra, Cochin and Chennai with a combine capacity of approximately 6 million TEUs and with the addition of Tuna Tekra Container Terminal DP world will have a capacity of 8.19 million TEUs.

This is along with 7 multimodal inland terminals connect to DP World’s rail network, cold storage facilities, and container freight stations.

It is also developing three state-of-the-art economic zones across the country in Mumbai, Cochin and Chennai.

About DP World in India

We have operating container terminals in India since 1997 and were instrumental in building the first Public Private Partnership (PPP) project with the Government of India at Jawaharlal Nehru Port (JNP).

The Nhava Sheva International Container Terminal (NSICT) at JNP was the first ever PPP project in India’s port sector, paving the way for many more PPP terminal concessions in the country.

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DP World has expand its portfolio of container port terminals adding Chennai Container Terminal (CCT) in 2001 and the Mundra International Container Terminal (MICT) in 2003.

DP World also develop the International Container Transhipment Terminal (ICTT), India’s first container transhipment terminal under the aegis of the Cochin Port Trust in 2011 and another terminal at JNP, the Nhava Sheva (India) Gateway Terminal (NSIGT) in 2013.

With five state-of-the-art container terminals, DP World serves a quarter of India’s EXIM container market with a total install port terminal capacity of 6 million TEUs a year.

Over the past decade, DP World India has been diligently working towards strengthening India’s port and logistics infrastructure in its mission to help lower of the cost of logistics in India.

About DP World

We are a leading provider of worldwide smart end-to-end supply chain logistics, enabling the flow of trade across the globe.

Our comprehensive range of products and services covers every link of the integrate supply chain – from maritime and inland terminals to marine services and industrial parks as well as technology-driven customer solutions.

We deliver these services through an interconnected global network of more than 300 business units in 76 countries across six continents, with a significant presence both in high-growth and mature markets.

Wherever we operate, we integrate sustainability and responsible corporate citizenship into our activities, striving for a positive contribution to the economies and communities where we live and work.

Our dedicated, diverse and professional team of more than 101,000 from 162 nationalities are commit to delivering unrivalled value to our customers and partners.

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We do this by focusing on mutually beneficial relationships with governments, shippers, traders, and other stakeholders along the global supply chain relationships built on a foundation of mutual trust and enduring partnership.

We think ahead, anticipate change and deploy industry-leading digital technology to further broaden our vision to disrupt world trade and create the smartest, most efficient and innovative solutions, while ensuring a positive and sustainable impact on economies, societies and our planet.

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