DP World to invest $510 Million to develop TUNA-TEKRA mega container terminal in INDIAShare This News Story:DUBAI/NEW DELHI : DP World recently signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat on India’s western coast. DP World currently operates five container terminals in India – two in Mumbai, one each in Mundra, Cochin and Chennai – with a combined capacity of approximately 6 million TEUs. With the addition of Tuna Tekra, DP World will have a combined capacity of 8.19 million TEUs. Mehta Chairman, Deendayal Port Authority commented: “We are delighted to partner with DP World in developing one of our pathbreaking projects at the Deendayal Port. It will enable DP World to deliver trade opportunities, by connecting Northern, Western and Central India with global markets, thereby driving value for all our stakeholders.

Source: The North Africa Journal August 28, 2023 03:23 UTC