PSA Lays Foundation Stone for BMCT
- Business & Finance
Bharat Mumbai Container Terminals Private Limited (BMCT), a subsidiary of PSA International, celebrated yesterday the laying of the foundation stone, marking an important chapter in the development of the fourth container terminal in Jawaharlal Nehru Port, India.
“This ceremony marks a key milestone in the joint efforts between PSA and JNPT to develop this new container terminal called Bharat Mumbai Container Terminal in Jawaharlal Nehru Port, India’s largest and premier container gateway,” said Mr Tan Chong Meng, Group CEO, PSA International.
“The Indian government has identified sustainable economic growth as a key pillar in the country’s ‘Vision 2022’ and the development of BMCT, PSA’s latest port project in India, will help facilitate that.”
BMCT will be completed in two phases with each phase of the terminal having an annual capacity of 2.4 million TEUs.
The development of Phase 1 is expected to be completed in three years. Upon full completion of both phases, BMCT will have a quay length of 2,000 meters, 24 quay cranes and a designed capacity of 4.8 million TEUs per annum.
Equipped with the deepest berths in JN Port and advanced port technologies, BMCT will be able to handle and ensure swift turnaround of the large container vessels plying the oceans today.