The acquisition was completed through a share-based arrangement, enabling APSEZ to add the asset without significant immediate cash outflow.

NQXT is characterised by stable, long-term contracts and strong operating margins, providing predictable cash flows and long asset life visibility. The terminal also offers potential for operational optimisation and capacity enhancement as trade volumes grow.

The acquisition aligns with APSEZ’s broader strategy of building a globally diversified port and logistics network.