HUDCO and JNPA Development Corporation Limited Sign MoU for Port Infrastructure Development

Housing and Urban Development Corporation Limited (HUDCO) and Jawaharlal Nehru Port Authority (JNPA) have signed a Memorandum of Understanding (MoU) to explore collaboration in infrastructure development, financing, and refinancing of terminals and port infrastructure. The MoU covers five container terminals, berths for general cargo and liquid berth, and related port-led infrastructure projects at JN Port. This non-binding framework is aimed at establishing cooperation between the parties to explore mutually beneficial opportunities related to project financing for port development and allied infrastructure.