Wednesday 14 March 2012

Dubai Ports World to expand India ops, sees potential in minor ports - The Economic Times

Global maritime terminal developer Dubai Ports World, which operates container terminals at major ports in India, is now eyeing minor ports in the country as part of its expansion strategy, as policy hurdles continue to haunt major port projects.

The company, promoted by the government of UAE and which currently has an operational terminal at one minor port at Mundra in Gujarat, is scouting for operating terminals and allied business across minor ports in India. Currently, the company operates container terminals at JNPT and Chennai port. It also operates the country's first transshipment hub in Cochin.

"We see huge potential in minor ports category as they are expected to grow further at a time when some of the major ports are choked in terms of capacity," said Anil Singh, managing director of DP World (subcontinent).

No comments:

Post a Comment