APMT Pipavav and Gujarat Maritime Board sign MoU for proposed expansion of Pipavav Port
APM Terminals (APMT) Pipavav has signed a Memorandum of Understanding (MoU) with Gujarat Maritime Board for the proposed expansion of Pipavav Port, with an investment scope of ₹17,000 crore (US$2bn).
The MoU is part of the announcement made in February 2025 by A.P. Moller-Maersk where it expressed its intent to invest over US$5bn in Indian ports and Maritime infrastructure.
It outlines Pipavav’s proposed investment plan, which is subject to a long-term concession agreement with the Gujarat Maritime Board.
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