DP World to spend half a billion dollars on new terminal in India

The port company will develop and operate a new container terminal in Gujarat, India, with a capacity of more than two million teu per year.

Dubai-based DP World is one of the world's largest port and transportation companies. | Photo: Hamad I Mohammed/Reuters/Ritzau Scanpix

by DANIEL LOGAN BERG-MUNCH

DP World has landed a concession to invest more than half a billion dollars in a major new container terminal in India.

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