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DP
World eyeing Indian projects
DP World, the Dubai-based global ports group, is eyeing Indian
projects after doubling first-half earnings, according to
a report in the Lloyd’s List.
The DP World Chief Executive, Mr Mohammed Sharaf, has been
quoted as saying that the group is assessing 25 projects globally,
particularly investment potential for additional quay space
in India’s top container port Jawaharlal Nehru port.
“The Indian sub-continent is a dynamic market and we
will continue to look there, and when opportunities come up,
we will look at them very seriously and we will continue to
invest for the longer term,” Mr Sharaf has observed.
DP world’s portfolio consists of 44 terminal all over
the world, including three in India, one each at Mundra port,
Chennai port and JN port, while the fourth one is coming up
at Kochi port.
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