The project
involves the construction of a mega-container terminal at Tuna-Tekra through a
Public Private Partnership (PPP).
Once complete, the
terminal will include a 1,100m berth, and will be capable of handling vessels
carrying more than 18,000 TEUs. Total capacity will be 2.19 million TEUs. The
contract was awarded by the Deendayal Port Authority under the
Build-Operate-Transfer (BOT) basis.
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 project will complement
initiatives of the Government of India, such as the PM Gati Shakti Master Plan
and National Logistics Policy.
Sultan Ahmed Bin
Sulayem, Group Chairman and CEO of DP World, said: “India represents a
significant landscape for opportunity… 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.”.
RizwanSoomar, CEO
and MD, India Subcontinent and sub-Saharan Africa, DP World, added: “We are
honoured to partner with Deendayal Port Authority in developing this new
mega-container terminal at Tuna-Tekra..”
The new terminal will be
constructed and equipped with most modern facilities and equipment over an area
of approximately 63 Hectares. The terminal will be well
connected to the hinterland through the network of roads, highways, railways
and the Dedicated Freight Corridors.
DP World already
operates five marine terminals – two in Mumbai, one each in Mundra, Cochin and
Chennai – with a combined capacity of approximately 6 million TEUs and with the
addition of Tuna Tekra Container Terminal DP world will have a capacity of 8.19
million TEUs. 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 in Mumbai, Cochin and Chennai.