DP World and Britain’s CDC pledge up to $1.7bn investment in African ports

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Indonesia Berita Berita

Investment will target expanding ports operated by DP World in Egypt, Senegal and Somaliland

Shipping cranes on the dockside at London Gateway port, operated by DP World. Picture: CHRIS RATCLIFFE/BLOOMBERG

State-owned DP Word has committed to investing $1bn over the next several years, while CDC has committed $320m and potentially investing up to a further $400m. The partnership plans to invest, along with ports, in infrastructure such as container depots and business parks.

 

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