Kidderpore Dock Revival Cuts Port Turnaround Time
Century Ports Limited, is a 100% subsidiary of Century Ply and has entered into a 30-year contract with Syama Prasad Mookerjee Port, Kolkata, under a public private partnership (PPP) model for operationalization of Kidderpore Dock complex
The renewal of the Kidderpore Dock has led to improved efficiency at the Kolkata Port, according to Century Ports. The company, a wholly-owned subsidiary of Century Ply, operates under a 30-year public-private partnership agreement. The contract involves managing the Kidderpore Dock complex. The initiative aims to enhance port operations and reduce delays. The agreement was signed with the Syama Prasad Mookerjee Port in Kolkata. This development is expected to boost trade and logistics in the region. The project reflects a growing trend of private sector involvement in infrastructure. The improved turnaround time is a key benefit of the dock's revival.
The project enhances port efficiency and supports economic growth in Kolkata.
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