DP World to Develop Kandla Container Terminal
PORTS & SHIPPING

DP World to Develop Kandla Container Terminal

The Deendayal Port Authority (DPA) and DP World have signed a concession agreement for the development of the Tuna Tekra all-weather deep container terminal at Kandla port. DP World will invest Rs 45 million in the project, resulting in a 1,100-meter-long berth capable of handling next-generation vessels. Once completed, the terminal will have an annual capacity of 2.19 million TEUs. This development, part of the India Middle East Europe Economic Corridor (IMEC) initiative, is expected to significantly reduce trade time between India and Europe compared to the Suez Route.

Indian Prime Minister Narendra Modi, speaking at the foundation laying ceremony, emphasised the transformational impact of IMEC, which includes mega ports, international container transshipment ports, island development, inland waterways development, multimodal hub development, and more. These initiatives, along with programs like Sagarmala and PM GatiShakti, aim to enhance coastal infrastructure, foster employment growth, and improve the quality of life for people in these regions.

The Deendayal Port Authority (DPA) and DP World have signed a concession agreement for the development of the Tuna Tekra all-weather deep container terminal at Kandla port. DP World will invest Rs 45 million in the project, resulting in a 1,100-meter-long berth capable of handling next-generation vessels. Once completed, the terminal will have an annual capacity of 2.19 million TEUs. This development, part of the India Middle East Europe Economic Corridor (IMEC) initiative, is expected to significantly reduce trade time between India and Europe compared to the Suez Route. Indian Prime Minister Narendra Modi, speaking at the foundation laying ceremony, emphasised the transformational impact of IMEC, which includes mega ports, international container transshipment ports, island development, inland waterways development, multimodal hub development, and more. These initiatives, along with programs like Sagarmala and PM GatiShakti, aim to enhance coastal infrastructure, foster employment growth, and improve the quality of life for people in these regions.

Next Story
Infrastructure Urban

ARKANCE Names Grant Bryce as ANZ MD to Drive Tech Expansion

ARKANCE, a global AEC digital transformation partner and part of the €3.4 billion Monnoyeur Group, has announced the appointment of Grant Bryce as Managing Director for its Australia and New Zealand (ANZ) operations. The leadership move comes as the company prepares to expand its technology stack and strengthen services and consulting offerings across the region.Based at ARKANCE’s Australian headquarters in Brisbane, Bryce will lead the company’s ANZ business as it builds out new product capabilities and enhances support for its more than 400,000 users across Australia and New Zealand. T..

Next Story
Real Estate

Welspun One to Develop Rs 5.50 Bn Grade-A Logistics Park in Talegaon

Welspun One, India’s leading warehousing and industrial real estate platform, has expanded its footprint in Maharashtra with the allotment of a 46-acre MIDC-notified land parcel in Talegaon MIDC Phase IV, Pune. The company plans to develop a Grade-A logistics park spanning approximately 1.2 million sq ft, with an estimated investment of around Rs 5.50 bilion, marking its entry into one of India’s most promising logistics micro-markets.Positioned as a premium first-mile logistics asset, the upcoming park is designed to enable efficient movement of goods from manufacturing hubs to fulfilment..

Next Story
Equipment

Bandag to Set Up Advanced Tyre Retreading Facility in Georgia

Bandag, a global leader in tyre retreading solutions, has signed an agreement with Tegeta Motors to establish a state-of-the-art Tegeta Bandag Factory in Rustavi, Georgia, marking a major step in expanding sustainable mobility solutions across the Caucasus region. Backed by an initial investment of $2 million, the facility will be Bandag’s first retreading plant in the region and is expected to play a pivotal role in promoting environmentally responsible fleet operations.Developed in collaboration with Tegeta Motors and supported by Bridgestone Middle East and Africa (MEA), the factory is sc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App