DP World to develop two terminals at Fujairah

🇦🇪 Container News (AE) —
DP World to develop two terminals at Fujairah

AI Summary

DP World has signed an agreement in principle with the Fujairah Ports Authority to develop two new terminals under a 50-year concession. This expansion aims to strengthen the UAE’s strategic port operations and enhance regional and global trade connectivity.

DP World has reached an agreement in principle with the Fujairah Ports Authority for a 50-year concession to develop two new terminals on the UAE’s east coast, expanding its national gateway network and providing customers with greater flexibility and connectivity across regional and global trade routes. The development comprises the Al Rugaylat container and multi-purpose […] The post DP World to develop two terminals at Fujairah appeared first on Container News.

Politics Markets Deals Real Estate Shipping DP World Fujairah Ports Authority port development terminal concession UAE ports trade connectivity port expansion

Read original source →