DP World to Invest ₹24,000cr in Gujarat's Logistics Facilities
Dubai-based DP World has committed to investing ₹24,000 crore in various logistic facilities in Gujarat, including the development of the upcoming port at Nargol in South Gujarat. The company signed six memorandums of understanding (MoUs) with Gujarat Maritime Board (GMB) as part of the state government's agreements leading up to the Vibrant Gujarat Summit. DP World plans to invest ₹10,000 crore in developing Nargol as a 'mega multi-commodity deep draft port' and additional amounts for multi-purpose deep draft ports in Kutch and Jamnagar district.
📅Published on:
01 January 2024
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