Ato Z EXIM Limited, a division of the Mumbai-based Bharat Freight Group, has a contract to operate, maintain and develop ports and inland water transportation terminals in Sittwe and Paletwa, Myanmar, under India-funded Kaladan Multi-Modal. Was obtained from the government. Transit transport project.
The contract period is initially 3 years and can be extended for 2 years.
Sohel Firoz Kazani, Managing Director of the Bharat Freight Group, said:
Sittwe Deep Sea Port is part of India’s $ 484 million Karadan Multimodal Transit Transport Project.
The project aims to reduce the cost and time required to transport goods to the landlocked country of Mizoram. Goods are shipped by sea from the port of Kolkata to Sittwe, via the Kaladan River to Paletwa, Chin State, from where they are transported by road to Mizoram.
Mr. Kazetani said that the U.S. sanctions imposed by the United States on some Burmese military leaders and military holding companies responsible for the coup that overthrew Myanmar’s democratically elected government on February 1 and subsequent human rights violations He said it would not affect contracts in that country. Funded by the Government of India, it continues to be an intergovernmental project.
Land Marine Engineering and Port Solutions LLP, a unit of the Bharat Freight Group, is working with Bandar Abbas-based Kaveh Port and Marine Services to fund Iran’s India on a short-term lease from a state-owned port of India. Operated the port of Chabahar by.Global Co., Ltd.
Bharat Freight Group has also partnered with Marinetek of Finland to form a joint venture to sign an engineering, procurement and construction (EPC) contract of Rs 10.5 billion to build 68 floating piers for the Kochi Water Metro. did.
Kochi Water Metro is a comprehensive ferry transportation project in the Okochi area carried out by Kochi Metro Rail Co., Ltd. We aim to provide feeder services to the suburbs, as well as rivers with restricted transportation access.
The group also said it has won contracts to own and operate water taxis on all routes of the Eastern Waterfront Project in Mumbai and on the first route from Dahej to Goga (Bhavnagar) and Hazira (Surat) in Gujarat. Kazani added.
Bharat Freight’s arm wins contract to operate India-funded Sittwe Port in Myanmar
Source link Bharat Freight’s arm wins contract to operate India-funded Sittwe Port in Myanmar
Source : Illinois News Today
