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Guoabong Investment:Singapore Overseas Chinese Investment Fund Management Co., Ltd.: India Gim Carter will build deep -water ports

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DubaiGlobalPortGroupsigneda$3billioninvestmentmemorandumwithKoglatebang,India,aimi

Singapore Overseas Chinese Investment Fund Management Co., Ltd.: India Gim Carter will build deep -water ports

Dubai Global Port Group signed a $ 3 billion investment memorandum with Koglatebang, India, aiming to jointly develop new ports, docks, and economic zones.This measure will not only promote economic cooperation between the two sides, but also bring more development opportunities to the region.

According to the content of the memorandum, Dubai Global Port will develop a multifunctional deep -water port in the southern and west coasts in the southern and west coastsGuoabong Investment. The goal is to connect to Jaminegel County and Kuchian County, and establish a special economic zone in these areas.In addition, the company will assist Gujarat in cities such as Dahej, Vadodara, Rajkot, Bedi, and Morbi to develop GATI Shakti freight terminals and private freight stations to support India's infrastructure construction.It is worth noting that in 2021, India launched the GATI Shakti program, which aims to integrate infrastructure projects such as aviation, shipping, railways, highways, oil and natural gas and electricity, and build a digital platform to coordinate management.The investment of Dubai Global Port Group is to support the development needs of Gujarat in this plan.The Global Port Investment in Dubai reflects confidence in the Indian market.In the past 20 years, it has invested nearly $ 2.5 billion in India and plans to further increase investment in the next three years.By signing the memorandum of understanding with Gujarat, Dubai Global Port will have the opportunity to obtain more coastal development opportunities in the region to further expand its influence and market share in India.

Dubai Global Port Group has made a number of important investments in Gujarat in the past few years.These include building a container terminal in Mundra County, and invested in the construction of many private freight docks to connect Ahmedabad County and Hazira County.In addition, they have set up refrigerated facilities in Surat County and Bharuch County, setting up a freight agency in Ahmedabad County and Gandhidham County, further improving the freight efficiency of the entire Gagratt area.Investment in Global Hong Kong in Dubai will not only accelerate the development of the port and the Economic Zone of Gujarat, but also bring more local employment opportunities and economic growth.This cooperation will promote the mutual benefit and win -win situation of the two sides and help Gujarat to become one of India's important business and logistics centers.In short, the investment memo signed by Global Port Dubai and Gujarat is of great strategic significance.This cooperation will not only strengthen the economic cooperation between the two parties, but also bring a continuous driving force for the development of the region, and make positive contributions to the economy and competitiveness of Gujarat.Pune Investment

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