GPT Infra wins ₹195 crore port deal in West Africa

GPT Infraprojects jumped 11% after the company won a ₹195 crore contract from Terminal Industriel Polyvalent de San Pedro (TIPSP) in Ivory Coast, West Africa. 

Simply put, the company will build a huge conveyor belt system at the Port of San Pedro, one of Africa’s busiest ports. Think of it like a giant moving belt that helps carry heavy goods like minerals, grains, or industrial materials directly from storage areas to ships. 

Once done, it’ll help the port move tons of cargo much quicker, boosting trade and export capacity for Ivory Coast.

Big theme: the African port infrastructure market is expected to cross $50 billion by 2030, driven by global trade and resource exports. 

For GPT Infra, this is about expanding into one of the world’s fastest-growing trade regions.