APM Terminals Pipavav inks MoU with GMB for proposed $2 billion expansion of Pipavav Port

Last week, APM Terminals Pipavav signed a Memorandum of Understanding with Gujarat Maritime Board (GMB) for the proposed Rs 17,000 crore (USD 2 billion) expansion of Pipavav Port - a major step in strengthening India’s maritime infrastructure.

The signing took place in Gandhinagar in the presence of the Chief Minister of Gujarat, Mr Bhupendra Patel, and Mr Robert Maersk Uggla, Chair of A.P. Moller-Maersk.

The expansion will enhance Pipavav’s capacity, connectivity and sustainability, advancing its commitment to safety, green growth and world class efficiency. It also supports India’s Maritime Amrit Kaal Vision 2047 and Gujarat’s Viksit Gujarat@2047 roadmap, highlighted a release.

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