DUBAI: DP World is planning to
build a new 400 m berth at the port of Caucedo in the Dominican Republic.
DP World CEO Sultan Ahmed Bin Sulayem met with Dominican Republic
President Danilo Medina recently and discussed plans to expand the port of
Caucedo and its logistics operations. Building on nearly $400m in existing
investments DP World and its partners are looking to further expand operations.
“The Domincan Republic has tremendous potential as a logistics hub
and we’re pleased to be working in partnership with the local government to
maximise on these opportunities. Adding another berth at DP World Caucedo
ensures we remain competitive and can serve the growing demand for our services
in the region,” said Bin Sulayem
“We’re also working on expanding the logistics park in Caucedo to
attract new businesses and creating an ideal platform for the Dominican
Republic to develop into a major hub for trade globally.”
Caucedo Logistics Centre is a joint venture between DP World and
Caucedo Development Corporation providing regional distribution facilities.
Source: Dailyshippingtimes.com
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