Port investors poised for better deal in India
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PORTS & SHIPPING

Port investors poised for better deal in India

01 Oct 2016 1 Min Read CW Staff
Private investors may be about to change as India embarks on an ambitious programme for port-led development that entails the setting up of 400 projects requiring an investment of some Rs 4.5 trillion. The new model concession agreement (MCA) written by the shipping ministry seeks to replace the rigidity associated with the present one to deal with market dynamics over a contract period that typically lasts 30 years.

Private investors may be about to change as India embarks on an ambitious programme for port-led development that entails the setting up of 400 projects requiring an investment of some Rs 4.5 trillion. The new model concession agreement (MCA) written by the shipping ministry seeks to replace the rigidity associated with the present one to deal with market dynamics over a contract period that typically lasts 30 years.

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