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Antwerp targets Indian port investment

Mumbai: The Port of Antwerp is said to be seeking investment and consulting opportunities in Indian ports. "We are looking for a tie up with players in the port sectors provided they come to us and if it meets certain criteria and if we can add value to it then we will take up the project," Port of Antwerp India Representative Raj Khalid is quoted as telling the Economic Times

"We are a landlord port and good at managing it. Indian ports follow the same pattern. So we can share our management skills with the local players," he continued, adding "There have been enquiries and offer to partner with us," he said, but the Antwerp port has been choosy about its partnership. Once we find the right partners then we will even invest in those projects."

India has 12 major ports scattered along its 7,517km coastline that handled a total of 133.8m tonnes of cargo in the first quarter of 2008. It is worth noting that India's top five ports account for just under 60% of the country's total throughput. [18/11/08]

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