Skip to content Skip to Search
Skip navigation

DP World to build new mega container terminal in India

By Pramod Kumar
WAM
The Tuna Tekra container terminal in Gujarat, India, will be developed under PPP mode

Dubai’s DP World has been awarded a concession to build and operate a mega-container terminal at Deendayal port in Gujarat, India, state-owned WAM news agency reported.

The terminal will have a 1,100-metre berth and a capacity of 2.19 million twenty-foot equivalent units (TEUs), capable of handling vessels carrying more than 18,000 TEUs.

The cost and construction timelines were not disclosed.

The terminal will be built through a public-private partnership (PPP) under a build-operate-transfer (BOT) contract awarded by the Deendayal Port Authority.

Sultan Ahmed bin Sulayem, group chairman and CEO of DP World, said: “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.”

The new terminal will be built over approximately 63 hectares and will be connected to a network of roads, highways, railways and dedicated freight corridors.

DP World already operates five marine terminals in India – two in Mumbai, one each in Mundra, Cochin and Chennai – with a combined capacity of approximately six million TEUs.

With the addition of Tuna Tekra container terminal, DP World will have a capacity of 8.19 million TEUs and seven multimodal inland terminals connected to its rail network, cold storage facilities and container freight stations.

The global ports operator is also developing three economic zones in Mumbai, Cochin and Chennai, the statement noted.

Latest articles

STC wants to consolidate the mobile tower market

STC approves PIF purchase of telecom company

Shareholders of Saudi telecom giant STC have approved plans to create a new telecommunications infrastructure company in which the Public Investment Fund will have a 51 percent stake valued at SAR8.7 billion ($2.3 billion).  Under the deal, the STC-owned Telecommunication Towers Co. Limited (Tawal) will become a PIF subsidiary through a merger with Golden Lattice […]

Flavio Cattaneo of Enel, of which Endesa is a subsidiary, and Mohamed Jameel Al Ramahi at the signing of the deal

Masdar buys stake in Spanish utilities company Endesa

The UAE’s state-owned clean energy company Masdar has agreed to acquire a minority stake in Spanish electric utility business Endesa to partner for 2.5 gigawatts (GW) of renewable energy assets in Spain. Under the agreement, subject to regulatory approval, Masdar will invest nearly $890 million to acquire a 49.99 percent stake in Endesa, with an […]

UAE markets Hong Kong

UAE capital markets partner with Hong Kong exchange

The Hong Kong Stock Exchange (HKSE) has added the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) to its roster of recognised marketplaces. The move opens the door for UAE-based companies to pursue secondary listings on one of Asia’s premier financial markets. It also follows the inclusion of the Saudi Exchange (Tadawul) […]

Person, Worker, Adult

Aramco and PIF invest in Saudi-Chinese steel venture

Saudi Aramco and the Public Investment Fund have doubled their investment in a steel plate joint venture with a Chinese company to $500 million. The two Saudi companies each own 25 percent shares in the new venture in Ras Al Khair industrial city, Bloomberg reported, quoting a statement published on the Chinese stock exchange. Chinese […]