Jawaharlal Nehru Port Authority - India’s Best Performing Port, has signed a Memorandum of Understanding (MoU) for the construction of the Vadhvan Port Project Ltd., establishing an important collaboration with Terminal Investment Limited Sàrl (TIL) on Monday. It was exchanged by Unmesh Sharad Wagh, IRS, Chairman, JNPA and CMD, VPPL, and Capt. Deepak Tewari, in presence of Dhananjay Javdekar, and Karan Tewari. As per the MoU, TIL has proposed to invest an estimated ₹20,000 crore for development of Vadhvan Port and surrounding ecosystem. With this , Terminal Investment Ltd Sàrl is demonstrating its strong commitment to India's marine development. TIL, based out of Switzerland,  has a diverse portfolio of container terminals, strategically located at key ports on major shipping routes, providing access to key mature and developing markets.