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.
Indira Container Terminal Pvt Ltd (ICT), a joint venture between Spain’s Dragados SPL and the local Gammon Group, has been given the go-ahead by Mumbai Port Trust (MbPT) to start construction of an offshore container terminal (OCT) at the Indian west coast port.
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