Global Supply Chain March 2016 Issue

Page 53

PORT REPORT - DP WORLD

Future strategy DP World announces intention to back potential infrastructure development in India

H

aving an invested capital of USD 1.2 billion (AED 4.4 billion), DP World is now seeking opportunities in India worth over a billion US dollars (AED 3.67 billion) over the next few years. It is currently the only foreign operator with six port concessions in the country, with approximately 30 per cent market share. The announcement was made during a visit to New Delhi and Mumbai by His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and

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