The Housing and Urban Development Corporation Limited (HUDCO) has entered into a non-binding memorandum of understanding (MoU) with Jawaharlal Nehru Port Authority (JNPA) to collaborate on port infrastructure projects valued at Rs 50 billion.
The MoU aims to facilitate cooperation in both existing and upcoming infrastructure development at JNPA, including financing and refinancing arrangements for such projects.
The initiative will boost JNPA’s role as a maritime hub and contribute to improved trade facilitation.