Global port terminal major DP World is ready with an additional 1$ billion for investment in different projects in India. This will be in addition to its existing over USD 1 billion investment here, DP World’s Group Chairman and CEO Sultan Ahmed Bin Sulayem said while talking to reporters in Delhi last week. Sulayem was a special guest at the India Integrated Transport & Logistics Summit.
“We are very excited about the opportunities in India. We are not constrained for capital given the right commercial and economic dynamics. We have pledged over a billion dollar investments here,” Sulayem told reporters on the sidelines of India Integrated Transport & Logistics Summit 2017.
DP World chief underlined that as far as future investment of the company in India is concerned, it will not only be in logistics infrastructure but also in customer centric online transaction services.
“We have expertise in logistics. We have done it throughout the world so we are excited to join hands with government to invest in this opportunity. It will involve policy, procedure, IT hardware, warehouses,” he said.