DP World to develop US$78m warehouse zone at Jawaharlal Nehru Port
DP World and India’s National Investment and Infrastructure Fund (NIIF) have won a US$78m concession to build a Free Trade Warehousing Zone (FTWZ) at Jawaharlal Nehru Port Trust (JNPT).
The FTWZ is expected to be operational by 2020 and will be developed across 18 ha at JNPT’s Special Economic Zone (SEZ), strategically close to the upcoming Navi Mumbai International airport.
The facility aims to offer a reliable and swift flow of cargo and to improve the effectiveness of the supply chain, which will give long-term advantages to domestic/global traders and manufacturers.
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