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| Dragados SPL wins a container terminal in Mumbai Dragados Servicios Portuarios y Logísticos (SPL), a company belonging to the Spanish construction group ACS and specialised in port logistics, has been awarded the construction and management of a container terminal in the centre of Mumbai for 30 years. Mumbai is the port with the greatest maritime traffic in India. It represents the gateway to this Asian country with its growing economic and trading activity. Dragados SPL and its local partner, Gammon India Ltd, have been awarded the contract to build and equip the new container terminal for the port of Mumbai after a tender process called by the port authorities for the Indian financial capital and subsequent ratification by local government. Anticipated investment in the project totals 166 million euros. The new terminal will have capacity to move 1.2 million TEU type containers and will be completed in three years when it will begin operations. However, the agreement includes Dragados SPL and its partner immediately starting a five year period of management of an existing terminal in the port where 250, 000 containers per year are currently handled. write your comments about the article :: © 2007 Construction News :: home page |