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Galathea Bay International Container Transshipment Port

Sector: Seaport • Location: Great Nicobar Island, Andaman and Nicobar Islands, India

Source: ET Infra

Project
Planned

The Galathea Bay International Container Transshipment Port (ICTP) is a strategic port project located in Great Nicobar Island, India. It will be developed and operated by a joint venture company majority owned by an Indian private entity holding more than 51% stake, with the remaining equity held by state-owned major ports including Kamarajar Port Ltd. The project aims to reduce India's dependenc

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The project “Galathea Bay International Container Transshipment Port” is an infrastructure initiative in the Seaport sector, located in Great Nicobar Island, Andaman and Nicobar Islands, India. Taiyo aggregates data on it from ET Infra.

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Participants

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planned

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Description

Description

The Galathea Bay International Container Transshipment Port (ICTP) is a strategic port project located in Great Nicobar Island, India. It will be developed and operated by a joint venture company majority owned by an Indian private entity holding more than 51% stake, with the remaining equity held by state-owned major ports including Kamarajar Port Ltd. The project aims to reduce India's dependence on foreign transshipment hubs, handle 16 million TEUs, and is supported by viability gap funding from the government for a concession period of 50 years.

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Source

Source reliability

High

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100%

Source

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URL

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