Tamil Nadu has secured a commitment from German container shipping company Hapag-Lloyd to invest Rs.250 billion for the development of container terminals and logistics parks in Thoothukudi and other parts of the state. The investment is expected to ensure employment opportunities for 1,000 people. Chief Minister MK Stalin is currently on a visit to Spain to attract investments to Tamil Nadu as part of his efforts to make the state a one trillion US dollar economy by 2030. The government said it is undertaking various efforts to develop infrastructure such as setting up container ports, logistics parks, etc, at the four major ports in Tamil Nadu. Contact: Hapag-Lloyd Website: www.hapag-lloyd.com