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Diamond loses its sparkle
03 Sep 2008
The cost of building a 1.6m teu capacity container terminal at Diamond Harbour, 40 kilometres downstream from Calcutta, has doubled to $292m.
The initial two-base project had envisaged a terminal handling dry bulk and containers, but the private-public partnership development, which will be taken forward on a build-operate-transfer basis, will now concentrate on containers only.
