Independent journal on economy and transport policy
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The Harbour Authority of Antwerp acquires a participation in Indiana Essar Ports
Signed an agreement of collaboration with the objective to develop to the traffics between the Belgian port of call and the ports of the Asian group
May 30, 2012
The Harbour Authority of Antwerp, through own society for the investments Port of Antwerp International (PAIRS), has acquired a participation of 4% about in Essar Ports (Essar group), one of the main private harbour societies of India. The investment of the Belgian authority piles to about 1,75 billion rupees (25 million euros).
The initiative includes also the collaboration between PAIRS and Essar Ports with the objective to promote the increase of the respective activities let alone the cooperation of the Belgian harbour agency with the Indiana society in the field of the formation, the harbour planning, the improvement of the productivity and the efficientamento of the traffic flows and with the specific scope to increase the volumes of traffic between the port of Antwerp and the Indian harbour terminals of Essar Ports.
Currently Essar Ports is work and is developing terminal in the Indian ports of Paradip, Hazira, Vadinar and Salaya. "We are extremely pleased - the managing director of Essar Ports has declared, Rajiv Agarwal - than the port of Antwerp, that it is according to greater port of Europe, has tightened a collaboration with we. This partnership promuoverà the increase of the traffic between the port of Antwerp and the ports of Essar and will help to develop harbour infrastructures us of world-wide level with attention to the quality, to the productivity and the atmosphere".
"Essar Ports - the president of the Antwerp Port Authority has commented, Marc Van Peel - is a characterized, and hard reliable partner with a remarkable know-how-how in India. We count on they for the development of the harbour activities in India, one of the strategic regions for our associate PAIRS. The port of Antwerp will share own acquaintances and competences in matter of strategy and harbour development with Essar Ports. This added value for both the parts will create fertile land for an ulterior development of both the regions".
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