DPW partners fund to invest in India

Investment platform: The partnership will invest up to US$3 billion of equity to develop projects in the Indian port sector Investment platform: The partnership will invest up to US$3 billion of equity to develop projects in the Indian port sector
Industry Database

DP World and India’s National Investment and Infrastructure Fund (NIIF) have created a new platform to invest in ports, terminals, transportation and logistics businesses in the country.

The platform will invest up to US$3 billion of equity to acquire assets and develop projects in the sector. But it 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.

“We believe that our expertise in building best-in-class logistics infrastructure together with the NIIF’s local knowledge and government partnership is the right combination to take advantage of the significant growth opportunities in India,” said Sultan Ahmed Bin Sulayem, group chairman and CEO, DP World.

Growth partnership

The new partnership follows the Memorandum of Understanding (MoU) signed in May 2017 by His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, during a visit to India in February 2016.

But the relationship between the operator the country and goes back even further than that. DP World has been a part of India’s growth story for nearly two decades.

“We are delighted to partner with DP World to create a platform which will aim to reduce the cost of moving cargo between port and origin/destination,” said Sujoy Bose, CEO, NIIF.

He pointed out that efficient logistics and cargo movement are critical components for the continued growth and development of the Indian economy and particularly, the manufacturing sector.


Enhanced Hazcheck Restrictions Portal Launched, 1 May 2018

Exis Technologies, with the support of leading shipping and freight insurers, TT Club and UK P&I Clu... Read more

Successful participation and presentation at exhibition in Beira, Mozambique

The exhibition series ‘Intermodal Africa’ organized by Transport Events is always a good possibility... Read more

Protectors of Esbjerg's new East Port quay

The German based Headquarters of ShibataFenderTeam recently completed an order for the Port of Esbje... Read more

Aquaplot joins Technology Transfer Programme of European Space Agency

Start-up for ocean route planning enters ESA’s Business Incubation Centre (BIC) Read more

AMRO Increases Scope To Cover The GCC Region

AMRO, a specialist marine equipment and services provider, is proud to announce that they will now c... Read more


Ninth Consecutive “Excellent” Coast Guard Security Assessment Awarded to Port of Baltimore Read more

View all