DP World Invests Over $1 Billion In Global Trade In 2017

Growing global trade opportunities, diversifying its business across the supply chain and exploring smart innovation technologies were key strands of DP World’s operations in 2017 which included over USD 1 billion in capital expenditure year to date.

A series of acquisitions, technology tie-ups and sustainable business achievements all formed part of the activities that saw the global trade enabler expand its business horizons across the world.

The expansion at Prince Rupert in Canada opened for business, DP World Limassol in Cyprus opened a new cruise terminal, work began on a new logistics centre in Kigali (Rwanda) and at a new terminal project in Posorja (Ecuador). Also in the Americas DP World took 100% ownership of Embraport in Brazil. In Asia Pacific we have seen the consolidation of Pusan (South Korea), while in Africa we started officially operating DP World Berbera port (Somaliland) under a 30-year concession.