PSA-JN Port ink biggest shipping FDI agreement.

The biggest single foreign direct investment (FDI) yet in an Indian port was formalized recently when Singapore's PSA International Pte Ltd. signed an agreement with Jawaharlal Nehru port to build a Rs. 7,915 crore container loading facility. Of this, the FDI component is Rs. 3,160 crore.

Bharat Mumbai Container Terminals Pvt. Ltd. (BMCT), a wholly-owned subsidiary of PSA Bharat Investments Pte Ltd. (which is a unit of PSA International Pte Ltd.), signed the concession agreement with JN port recently , PSA said in a statement.


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