DP World has won a major concession to develop, operate, and maintain the mega-container terminal at India’s Deendayal port in Gujarat.
The contract was awarded by the Deendayal Port Authority on a Build-Operate-Transfer (BOT) basis.
The project involves the construction of a mega-container terminal at Tuna-Tekra through a Public-Private Partnership (PPP).
Once complete, the terminal will help unlock future container traffic growth in India, catering to exports and imports from Northern, Western and Central India, reducing logistics cost and enhancing efficiencies across supply chains.
The terminal will include a 1,100-metre berth, and will be capable of handling vessels carrying more than 18,000 TEU. The total capacity of the terminal will be 2.19 million TEU.
The new terminal will also be constructed and equipped with most modern facilities and equipment over an area of approximately 63 hectares.
It will additionally be well connected to the hinterland through the network of roads, highways, railways and the Dedicated Freight Corridors.
“As the value chain becomes more integrated, significant growth opportunities exist across the entire Indian ports and logistics space,” said Group Chairman and CEO of DP World, Sultan Ahmed Bin Sulayem.
“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,” Sulayem added.
DP World already operates five marine terminals – two in Mumbai and one each in Mundra, Cochin, and Chennai – with a combined capacity of approximately 6 million TEU.
With the addition of Tuna Tekra Container Terminal, DP World’s Indian terminals will have a total capacity of 8.19 million TEU.
This is along with seven multimodal inland terminals connected to DP World’s rail network, cold storage facilities, and container freight stations. It is also developing three state-of-the-art economic zones across the country.
This recent concession has come less than a month after DP World selected infrastructure consulting firm, AECOM, to conduct a feasibility and design study for the development of the second container terminal at the Port of Prince Rupert.