Gulf News

DP World plans logistics facility in Ethiopia

Ports operators says it has signed a number of agreements with the African country

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DP World is planning to set up a logistics facility in Ethiopia to facilitate transport of goods to landlocked countries in Africa, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporatio­n Sultan Bin Sulayem has revealed.

“We are planning to set up a logistics complex in Ethiopia where goods can be transporte­d from the port to it, and from there it can be transporte­d to different African landlocked countries. We have signed a number of agreements with Ethiopia that will promote our friendly relationsh­ips with them. Business groups in Dubai can always benefit from DP World’s presence in different countries including Rwanda and Egypt where re-exporting opportunit­ies are abundant,” Bin Sulayem said during an open dialogue with trade and business groups in Dubai.

“There is now more focus on fair trade on the agenda and external policy of countries like the USA, which means protective measures will be taken to curb the flow of goods from the European Union and China into the American market. There are internatio­nal efforts to reach for a fair and balanced trade, and these developmen­ts and changes have put us face to face with new challenges, but we have learnt from our wise leadership that challenges can be turned into opportunit­ies.”

Business groups in Dubai can always benefit from DP World’s presence in different countries.” Sultan Bin Sulayem | DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporatio­n

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