India expands foreign port presence with new consortium
NewsIndia is forming a consortium to acquire and develop foreign ports, with IPGL managing operations, IPRCL handling infrastructure, and SDCL overseeing financing.
PSA Corporation has expressed its interest in developing an international container transhipment terminal at Vizhinjam in the south Indian state of Kerala for which tenders have already been called (see WorldCargo News January 2004, p8).
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