Bharat Mumbai Container Terminals Private Limited (BMCT), a wholly-owned subsidiary of PSA Bharat Investments Pte Ltd (which is a subsidiary of PSA International), has signed a concession with Jawaharlal Nehru Port Trust (JNPT) on 6 May 2014 to develop JN Port’s fourth container terminal on a design, build, operate, finance and transfer basis in Mumbai for a period of 30 years.
Located at India’s largest and premier container gateway port, BMCT will have berths with a depth of 16.5 metres, the deepest in JN Port, PSA International said in a press release.
PSA International added that BMCT will be equipped with the latest technology and equipment to serve important industrial and manufacturing centres and cities in India’s largest hinterland. BMCT is well-connected by major highways and rail networks to key markets in India, a fast-growing economy, the firm said.
Commenting on the development, PSA International group CEO Tan Chong Meng said:“Bharat Mumbai Container Terminals Pvt Ltd is PSA International's latest port project in India. PSA will work along with Jawaharlal Nehru Port Trust to develop this very important terminal in India to cater to the increasing demand for container handling capacity, and facilitate maritime trade in India.'
When BMCT is fully completed, it will have a quay length of 2,000 metres with a design capacity of 4.8 million TEUs per annum, PSA International said.
PSA International is one of the leading global port groups. PSA participates in port projects across Asia, Europe and the Americas with flagship operations in Singapore and Antwerp.
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