Prime Minister Narendra Modi will inaugurate the fourth container terminal at Jawaharlal Nehru Port Trust (JNPT) in Mumbai tomorrow.
The JNPT’s Fourth Container Terminal (FCT)’s Phase I has is expected to boost container trade and logistics in a big way. It has been completed in a record time at a cost of Rs. 4,719 crore.
The FCT was developed on design, build, fund, operate and transfer (DBFOT) basis for a concession period of 30 years with an estimated investment of Rs. 7,915 crore for both the phases.
