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Dubai Ports to invest in port SEZs

Friday, 19 May 2006
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Dubai Ports World (DPW), is planning to invest in port-specific SEZ located in Bangalore, Chennai, Delhi, West Bengal and Mumbai. The company will invest in projects such as rail connectivity, ware housing facility, inland container depots, container freight stations and other port related investment. 

It has also bagged the order on BOT basis for

  • Operating of Visaka Container terminal in association with Mumbai-based JM Baxi in Visakhapatnam Port. 
  • International container transshipment terminal at Vallarpadam island in Kochi Port and is investing Rs.2000 crore in the project.

DPW has acquired $6.8 billion UK-based ports and ferries company Peninsular and Oriental Steam Navigation Co. (P&O Ports). With this acquisition, the company has direct control over the following:

  • Nhava Sheva International Container Terminal (NSICT),Navi Mumbai, 
  • Chennai Container Terminal, 
  • Mundra International Container Terminal (MITC)
  • Kulpi Port, West Bengal

Dubai Ports is also keen in taking part in container terminals coming up in Chennai, Tuticorin, Ennore and CFS projects in central and North India.

 

 

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