Bharat Mumbai Container Terminals Private Limited (BMCT), a wholly-owned subsidiary of PSA Bharat Investments Pte Ltd (which is a subsidiary of PSA International) celebrated the laying of the foundation stone today to mark an important chapter in the development of the fourth container terminal in Jawaharlal Nehru Port (JN Port), India.
The ceremony was graced by The Honourable Shri Narendra Modi, Prime Minister of India; Shri Nitin Jairam Gadkari, Union Minister for Shipping, Road Transport & Highways; Shri CH Vidyasagar Rao, Governor, Maharashtra; Shri Devendra Fadnavis, Chief Minister, Maharashtra; Shri Rajive Kumar, Secretary, Ministry of Shipping of India; Shri Anil Diggikar, Chairman, Jawaharlal Nehru Port Trust (JNPT); Mr Lim Thuan Kuan, Singapore High Commissioner in India; Mr Tan Chong Meng, Group CEO, PSA International; and government representatives as well as members of the business community in Mumbai.
“Today's ceremony marks a key milestone in the joint efforts between PSA and JNPT to develop this new container terminal called Bharat Mumbai Container Terminal in Jawaharlal Nehru Port, India's largest and premier container gateway. The Indian government has identified sustainable economic growth as a key pillar in the country's 'Vision 2022' and the development of BMCT, PSA's latest port project in India, will help facilitate that. I wish to thank JNPT and other stakeholders in India for the opportunity to work alongside them to develop this monumental project in India,” said Mr Tan Chong Meng, Group CEO, PSA International.
BMCT will help facilitate trade and cater to the ever-increasing demand for container handling capacity at JN Port. The new terminal will serve the important industrial and manufacturing centres and cities in India's largest hinterland, and play a role in supporting India's fast-growing economy. Equipped with the deepest berths in JN Port and advanced port technologies, BMCT will be able to handle and ensure swift turnaround of the large container vessels plying our oceans today.
BMCT will be completed in two phases with each phase of the terminal having an annual capacity of 2.4 million TEUs. The development of Phase 1 is expected to be completed in three years. Upon full completion of both phases, BMCT will have a quay length of 2,000 metres, 24 state-of-the-art quay cranes and a designed capacity of 4.8 million TEUs per annum.
Source: PSA Int.