DP World to build new Terminal at JNPT, Mumbai by 2015
As the busiest gateway and hub in India, the Jawaharlal Nehru Port ( Nhava Sheva), Mumbai has been constrained in the past owing to lack of facilities, which impacted trade many a times. As per the agreement signed between JNPT and DP World, the latter has been awarded to build and operate a new 330 meter terminal to add 800,000 TEUs (twenty foot equivalent container units) of container capacity to the port, and help ease congestion, as the port is currently operating beyond capacity. DP World is investing US$200 million to build the terminal. The terminal will be operational by 2015. On March 5, 2014 GK Vasan, Minister of Shipping laid the foundation stone in presence of the Milind
Deora, Minister of State for Shipping and Sultan Ahmed Bin Sulayem, Chairman DP World, along with dignitaries from the Government of India, senior members of Jawaharlal Nehru Port Trust and DP World, and industry stakeholders. “The new terminal will serve India for generations to come and help speed goods to market, stimulating trade, contributing to economic growth, which in turn, contributes to the development of communities and individuals,” said Sultan Ahmed Bin Sulayem. According to Anil Singh, Senior Vice President & Managing Director, DP World Subcontinent for the last five years, India’s premier port has been in critical need of capacity with container trade rising. The building of greater capacity is part of the port’s long term vision. Nhava Sheva ( India) Gateway Terminal will provide the immediate relief that the trade community urgently requires.
(L-R): GK Vasan, Milind Deora and Sultan Ahmed Bin Sulayem, at the inauguration of the ceremonial plaque for the new terminal