AsiaPorts and Logistics
Narendra Modi calls for greater maritime investment
Singapore terminal operator PSA International officially opened its terminal at India’s top boxport on Sunday with Indian prime minister Narendra Modi on hand for the event via a live video feed.
The $1.2bn Bharat Mumbai Container Terminals (BMCT) is the fourth terminal at Jawaharlal Nehru Port (JNPT). PSA has a 30-year concession for this brand new facility.
Once fully complete the fourth terminal will help double JNPT’s throughput to more than 10m teu.
“If we have to carve out a place for ourselves in a globalised world, we need to enhance our waterways,” the Indian prime minister said at the opening event.