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 be capable of handling vessels carrying more than 18 000 TEUs. Total capacity will be 2.19 million TEUs.
The contract was awarded by the Deendayal Port Authority under a Build-Operate-Transfer 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 costs and enhancing efficiencies across supply chains, says Sultan Ahmed Bin Sulayem, Group chairman and CEO of DP World.
DP World’s strategic investments in ports and terminals in the country is aligned with the Indian government’s ‘Vision 2047’, which aims to quadruple the country’s port handling capacity.
The new terminal will be constructed and equipped with modern facilities and equipment over an area of approximately 63 hectares. It will be connected 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 combined capacity of approximately 6m TEUs, and with the addition of Tuna Tekra Container Terminal, the company will have a capacity of 8.19m TEUs.
