DP world explores opportunities to develop logistics capabilities in Africa

Dubai – Mubasher: DP World Group has welcomed efforts by African nations to improve their infrastructure, an essential pillar for building a growing economy and connecting the continent to the world, according to a statement released on Monday.

On an African tour this week, Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO, and Chairman of the Ports, Customs and Free Zone Corporation (FZE), met with Akinwunmi Ambode, Governor of Lagos State, Nigeria, and discussed ways to develop logistics services and to increase their efficiency and use.

Bin Sulayem highlighted the valuable role of DP World in its capacity as a global trade enabler, exporting its knowledge and experience and the development expertise of the UAE and Dubai in growing innovative logistic capabilities and modern infrastructure worldwide, the statement said.

“Our global portfolio of 77 operating marine and inland terminals across six continents demonstrates our capabilities in different markets. The productive partnerships we have forged with governments, especially in Africa, which represents a major part of our network, underlines how public and private sector organisations working together can look to develop the infrastructure needed to support economic growth and attract investment,” Bin Sulayem said.

“In countries such as Nigeria and others across the continent senior officials expressed a genuine determination to overcome obstacles to economic development, especially the inability of infrastructure to keep pace with the strong growth on the continent in the past few years. We expressed our readiness to support the efforts being made to develop ports and logistics centres, based on the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, to promote the international role of the UAE and Dubai in developing the global economy,” he added.

DP World has existing operations in Senegal, Egypt, Mozambique, Djibouti, and Algeria and recently signed an agreement with the Republic of Somaliland to invest in a multi-purpose port project at Berbera. It secured a 25-year concession to develop and operate a new logistics centre in Kigali, Rwanda at the beginning of 2016.

Mubasher Contribution Time: 03-Oct-2016 12:01 (GMT)
Mubasher Last Update Time: 03-Oct-2016 12:01 (GMT)