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 India’s Gammon Infrastructure Projects and Dragados-SPL of Spain, started preparatory work this month on the US$236M Mumbai offshore container terminal.
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