PM Narendra Modi, along with his Singapore counterpart Lawrence Wong, will inaugurate the single-largest container port in India at Uran later this year.
On Tuesday, CM Devendra Fadnavis, along with Singapore’s Dy PM Gan Kim Yong and transport minister Jeffrey Siow, held a review of the Bharat Mumbai Container Terminal Phase 2.
The Port of Singapore Authority (PSA International) has invested US $1.3 billion, the highest ever by any country, to build the container terminal (4.8 million TEUs). It also has the longest wharf at 2,000 metres.
The politicians from the two countries toured the port facilities.
Yong also inaugurated CapitaLand Investment’s new data centre in Navi Mumbai. CLI is investing US $453 million in this facility through its business trust, CapitaLand India Trust, said an official.
An MoU was also signed between CLI and the state. Outlining CLI’s investment plans, Fadnavis said CLI, which has a major share in Manipal Health Enterprises Pvt Ltd, will build a multi-specialty hospital in Nagpur.
A second MoU was signed between the Maharashtra govt and Mapletree Investments Pte Ltd, wherein the latter has committed to foreign direct investments equivalent to ₹300 crore in the state through the development of industrial parks, logistics parks, and data centres.