Hindustan Infralog awarded contract for development and operations of FTWZ at JNPT

Hindustan Infralog Private Limited, a joint venture (JV) of DP World and National Investment and Infrastructure Fund Limited, has secured a contract of Rs 5.67 billion ($78 million) for the development and operations of a free trade warehousing zone (FTWZ) at the Jawaharlal Nehru Port Trust (JNPT). The concession period for the FTWZ is 60 years and it will be developed on 18 hectares of land at JNPT’s special economic zone.