DP World and Indonesia Investment Authority to invest US$7.5bn in maritime sector
DP World has signed a strategic alliance with the Indonesia Investment Authority (INA) which will invest US$7.5bn over the long term into Indonesia’s maritime and port sector.
The partnership aims to improve the operation of ports, reduce logistics costs, and advance national competitiveness.
DP World group chairman and CEO Sultan Ahmed Bin Sulayem said: “DP World recognises the cast potential of Indonesia as one of the fastest-growing economies in the world, as well as projects undertaken by the government to improve port facilities.
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