DP World and the government of Angola have signed a Memorandum of Understanding (MoU) with the aim of cooperating to further develop the country’s trade and logistics sector.
The agreement will enable the two parties to enter into formal discussions to explore cooperation in the areas of ports and terminals, special economic zones and logistics parks, cross border trade facilitation, trade finance and marine services, as well as logistics support in other commodity-based sectors.
The Dubai-based company began operations at the Multipurpose Terminal (MPT) at the Port of Luanda in March last year after it was awarded a 20-year concession to manage, operate and modernise the facility.
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