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.
India’s Gammon Infrastructure Projects has signed an agreement with Dragados SPL to buy 24% of the Spanish company’s interest in Indira Container Terminal Pvt Ltd (ICT), currently a 50:50 joint venture between the two companies.
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