DP World to invest Rs 2,000 crore in various Tamil Nadu projects

Will be setting up a new container terminal, cold storage and sea food processing zone among other units; 4,500 to be created

Logistics services major DP World will come up with fresh investments to the tune of around Rs 2,000 crore in Tamil Nadu, including setting up of a new container terminal, cold storage and sea food processing zone among other units.

The other projects lined up include a free trade zone with an integrated rail siding, minor port in the Eastern Coast of Tamil Nadu and inland container depots in Erode, Karur and Tirupur. “These projects may create employment for 4,500 people (1,500 direct and 3,000 indirect),” a government official said. The company has now signed a memorandum of understanding with the