India’s Adani Ports sells Myanmar port at heavy discount of $30 mln

Capt. John

India’s Adani Ports and Special Economic Zone Ltd APSE.NS said on Thursday that it has completed the sale of its port in sanction-hit Myanmar for $30 million, significantly lower than its investment in the project. The Adani Group company announced the sale in May 2022 after a military coup in...

https://www.hellenicshippingnews.com/indias-adani-ports-sells-myanmar-port-at-heavy-discount-of-30-mln/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon