DP World CEO urges India to rethink port concession model to attract long-term investment
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓DP World Group CEO Yuvraj Narayan urged India to rethink its port concession model to attract long-term investment.
- ✓He suggested joint ventures instead of time-bound contracts.
- ✓Become a landlord," he said.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Moneycontrol
- Reading Speed
- 6 Minute(s)
- Market Focus
- India Economy
DP World Group CEO Yuvraj Narayan has called for a fundamental rethink of India's port development model, arguing that traditional time-bound concessions discourage long-term investment and that joint ventures between governments and private operators could deliver more sustained infrastructure development.
"A 30-year concession means what? Just look at the life cycle," Narayan said, contending that it can take years to build a port and stabilise operations, leaving operators with a relatively short period of high utilisation in which to recover their investments and modernise facilities.
"Why not JVs? Become a landlord. You have an operator, you agree on KPIs. It's forever, till I break your trust. What's the problem?" he said.
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