about 16 years ago
The Cabinet Committee on Infrastructure (CCI) has approved the development of a “mega container terminal” at Chennai Port under a Public Private Partnership (PPP). The terminal will have a concession period of 30 years at an estimated cost of INR36.860 billion (US$332.5 million). The project is expe
The Cabinet Committee on Infrastructure (CCI) has approved the development of a “mega container terminal” at Chennai Port under a Public Private Partnership (PPP).
The terminal will have a concession period of 30 years at an estimated cost of INR36.860 billion (US$332.5 million). The project is expected to boost exports and imports in the region with savings in freight and ship cost to the shippers, according to the Press Information Bureau of India.
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