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DP world to invest in Cuba

DP world to invest in Cuba

Currently DP World is studying plans to build a US$250m terminal in Mariel and turn it into a modern container port.The plan had been on the drawing board of P&O Ports for many years before the Dubai-based stevedore acquired the company.

Apparently DP World agreed in early October 2007 to do a feasibility study to build the terminal that would start operating in 2012 and it has signed various agreements.

It is understood that apart from the upgrading of infrastructure, the plans for the terminal also include the dredging of the access channel and berths.