Park has so far drawn Rs 1800 crore investments. : Tata Steel Special Economic Zone Ltd (TSSEZ) is in advanced talks with two chemicals companies and a 100 per cent export oriented unit to set up facilities at the industrial park at Gopalpur off the coast of south Odisha. TSSEZ is the developer for the park sprawling over 2900 acres. The industrial park is split into Special Economic Zone (SEZ) notified over 1235 acres and the residual stretch of land designated as the domestic tariff area (DTA).
Algert Global LLC raised its stake in DXP Enterprises Inc (NASDAQ:DXPE) by 14.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,401 shares of the industrial products company's stock after purchasing an additional 3,396 shares during the quarter. Algert Global LLC owned approximately 0.15% of DXP Enterprises worth $735,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently modified their holdings of the business.
[Namibian] FINANCE minister Calle Schlettwein urged African road funds to strengthen partnerships and invest in strategic road infrastructure to enhance continental integration and facilitate intra-African trade.
India On Cusp Of Waterways Revolution; 4% Cut In Logistics Cost To Lift Exports By 30%: Gadkari | Business Standard News
Waterways transport in India is all set for a revolution and has potential to bring down logistics cost by 4 per cent that will propel exports by 30 per cent, Union minister Nitin Gadkari said Thursday kicking off PSU Concor's maiden containers voyage through coastal shipping. The shipping and road transport minister said many firsts in the country were lined up as massive works were underway on projects for turning 11 rivers into waterways besides pilot run of aeroboats on Ganga on January 26.
The Saudi Ports Authority (MAWANI) has decided to reduce its terminal handling charges of import empty containers at Jubail port.It is part of MAWANI's efforts to transform the Kingdom into a unique logistics platform in accordance with the Vision 2030.The authority has also decided to increase port demurrage or storage free days from five to 15 days to enable exporters to receive empty containers directly from Jubail port. Copyright: Arab News (c) 2018 All rights reserved. read more.
Logistics development is a strategic call for Mapletree, which is looking at creating a long-term investment and development portfolio across key cities.
LCP plans to develop over EUR1bn of new logistics assets during the next three to five years. : Logistics Capital Partners (LCP), an investment platform set up in 2015 by former CBRE and Goodman professionals, has received a "strategic investment" from Invesco Real Estate to help LCP develop over EUR1bn of new assets. Invesco, the EUR55.9bn manager said it will provide an undisclosed amount to the pan-European logistics specialist by way of preferred equity, on behalf of Invesco's strategic opportunities investment programme. The capital significantly strengthens LCP's balance sheet and will be deployed directly into new development projects, Invesco said.
The two pipe conveyor projects will transport ore from the mines to the company#39;s plant in Karnataka. : JSW Steel is investing nearly Rs 350 crore to set up two pipe conveyor projects that will transport ore from the mines to its plant in Karnataka. The projects, which will be completed by the end of the present financial year, will save the company as much money - around Rs 350 crore - in annual logistics cost to transport the raw material. At present, hundreds of trucks are deployed to move the ore from the mines to the plant in Vijayanagar.
Kapa Oil Refineries Ltd wants to install a 1.5 megawatts (MW) solar photovoltaic (PV) grid-tied system for internal use, joining the growing list of corporates turning to green energy to fuel industries.