Ministry of Ports partners with DP World for Gujarat terminal
PORTS & SHIPPING

Ministry of Ports partners with DP World for Gujarat terminal

The Ministry of Ports, Shipping and Waterways (MOPSW) is forging ahead with a groundbreaking project to enhance India's port infrastructure. Deendayal Port Authority (DPA), a key West Coast Major Port in Gujarat, is set to ink a concession agreement with DP World, a global logistics powerhouse headquartered in Dubai. The ceremony, graced by Shri Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways, along with H.E. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, will take place on August 25, 2023, at Aloft Hotel Aerocity, New Delhi.

This significant venture involves the development, operation, and maintenance of a cutting-edge mega-container terminal at Tuna-Tekra, Gujarat. The project, valued at Rs 42.4364 billion, will be executed through Public Private Partnership (PPP) mode, reflecting the Indian government's dedication to bolstering economic growth.

The state-of-the-art terminal is engineered to handle over 2.19 million container units (TEUs) annually, catering to the growing trade demands of Northern, Western, and Central India. Its ability to accommodate next-generation vessels carrying more than 18,000 TEUs marks a pivotal advancement in port capabilities.

Aligned with Vision 2047, the Indian government's blueprint for port expansion and multimodal logistics infrastructure, the project is set to significantly enhance operational efficiency. The 30-year PPP agreement, established in collaboration with Hindustan Infralog Private Limited (a DP World and National Investment and Infrastructure Fund (NIIF) joint venture), underscores sustainability through green port practices.

The terminal's impact is poised to transcend congestion reduction and enhanced vessel handling. It paves the way for streamlined supply chains, equipped with multimodal connectivity. As part of the National Infrastructure Pipeline, this project harmonises with the Prime Minister's Gati Shakti Master Plan and National Logistics Policy, collectively amplifying India's global trade reach.

The Ministry of Ports, Shipping and Waterways (MOPSW) is forging ahead with a groundbreaking project to enhance India's port infrastructure. Deendayal Port Authority (DPA), a key West Coast Major Port in Gujarat, is set to ink a concession agreement with DP World, a global logistics powerhouse headquartered in Dubai. The ceremony, graced by Shri Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways, along with H.E. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, will take place on August 25, 2023, at Aloft Hotel Aerocity, New Delhi.This significant venture involves the development, operation, and maintenance of a cutting-edge mega-container terminal at Tuna-Tekra, Gujarat. The project, valued at Rs 42.4364 billion, will be executed through Public Private Partnership (PPP) mode, reflecting the Indian government's dedication to bolstering economic growth.The state-of-the-art terminal is engineered to handle over 2.19 million container units (TEUs) annually, catering to the growing trade demands of Northern, Western, and Central India. Its ability to accommodate next-generation vessels carrying more than 18,000 TEUs marks a pivotal advancement in port capabilities.Aligned with Vision 2047, the Indian government's blueprint for port expansion and multimodal logistics infrastructure, the project is set to significantly enhance operational efficiency. The 30-year PPP agreement, established in collaboration with Hindustan Infralog Private Limited (a DP World and National Investment and Infrastructure Fund (NIIF) joint venture), underscores sustainability through green port practices.The terminal's impact is poised to transcend congestion reduction and enhanced vessel handling. It paves the way for streamlined supply chains, equipped with multimodal connectivity. As part of the National Infrastructure Pipeline, this project harmonises with the Prime Minister's Gati Shakti Master Plan and National Logistics Policy, collectively amplifying India's global trade reach.

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?