Hindustan Ports, a new company promoted by DP World, the Dubai Government-owned port company will be setting up a container terminal project at Jawaharlal Nehru Port, Mumbai. The berth will have the capacity to handle eight lakh TEUs per annum, which can be raised to one million TEUs, with better equipment and deeper draught. As of January 2013, the investment proposal has been cleared by the The Foreign Investment Promotion Board (FIPB).