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Global Shipping & Trade
Asia

Kolkata port secures ₹48,000 crore investment through strategic MoUs

by Maritimegateway
October 30, 2025
in Asia, News, Ports & Terminals
Reading Time: 2 mins read
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The Syama Prasad Mookerjee Port, Kolkata (SMPK) has signed a series of strategic Memorandums of Understanding (MoUs) worth over ₹48,000 crore, marking a major push toward transforming the eastern maritime and logistics ecosystem. The agreements, signed during India Maritime Week 2025 in Mumbai, span key areas such as port infrastructure, green energy, logistics, and waterfront development.

The port authority inked an MoU with the Dredging Corporation of India to establish a long-term partnership for dredging operations, ensuring navigational efficiency and operational sustainability.

In a significant industrial boost, Haldia Petrochemicals has pledged substantial investment to develop tank farms and petroleum, oil, and lubricant-handling facilities at Haldia Dock. The port’s container handling capacity is also set for expansion through collaborations with Adani Ports, JSW Infrastructure, and Century Ports, aimed at developing new container terminals.

Ultratech Cement will establish a cement bulk terminal at the Kolkata Dock, further enhancing cargo diversification and logistics efficiency.

Beyond port operations, SMPK is embracing innovation and sustainability through partnerships with Science and Technology Park, Pune, and several start-ups to drive smart land management and advanced logistics solutions.

On the urban development front, real estate majors Srijan Realty and Eden Realtors have joined hands with SMPK for riverfront development projects, aimed at monetising port land assets while revitalising Kolkata’s waterfront with modern infrastructure.

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The investment commitments underscore SMPK’s growing role as a gateway for India’s eastern seaboard and its strategic vision to evolve into a multimodal, green, and globally competitive port complex.

Tags: Kolkata DockKolkata PortShipping NewsSMPK
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