UAE’s DP World, India's National Investment Fund weigh $3bn investmentsStaff Writer | January 22, 2018
DP World and India’s NIIF announced the creation of an investment platform to invest in ports, terminals, transportation and logistics businesses in India.
Investment Ports, terminals, transportation and logistics
The partnership follows the Memorandum of Understanding (MoU) signed in May 2017 and the visit to India of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, in February 2016.
The platform will also look at opportunities beyond sea ports such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage. ■