DP World and Indian fund manager to invest up to US$3bn in transportation sector
DP World and India’s National Investment and Infrastructure Fund (NIIF) have agreed to invest up to US$3bn in the country’s ports, terminals, transportation and logistics businesses.
The pair have created an investment platform to acquire assets and develop major projects in the maritime sector, which follows on from a memorandum of understanding (MoU) signed by the two in May 2017.
Aside from sea ports, the platform will also explore opportunities in river ports, freight corridors, port-led economic zones, inland container terminals and logistics infrastructure such as cold storage.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
