Gujarat And Dp World Sign Agreements To Strengthen Logistics In The Indian State

Gujarat And Dp World Sign Agreements To Strengthen Logistics In The Indian State

DP World has signed multiple Memorandums of Understanding (MoUs) worth INR 250 billion (approx. US$3 billion) with the Government of Gujarat, covering the development of new ports, terminals, and economic zones, strengthening its commitment to supporting trade in a growing Indian state.

In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of UAE, and Narendra Modi, Prime Minister of India, DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, exchanged MoUs around potential investments in Gujarat with Mr M K Das, Additional Chief Secretary, Government of Gujarat, during the theVibrant Gujarat Global Summit 2024 being held in Gandhinagar

The MoUs highlight Gujarat’s prowess as a role model of development and the growth engine of the nation while leveraging its logistics and maritime infrastructure.

The MoUs. underscore DP World’s commitment to facilitating trade in Gujarat by developing:

• Multi-purpose deep-draft ports in South Gujarat and around the western coast of Gujarat towards Kutch,

• Special Economic Zones in Jamnagar and Kutch,

• Gati Shakti Cargo Terminals (GCT) and Private Freight Stations at Dahej, Vadodara, Rajkot, Bedi and Morbi

DP World has also signed an MoU with Gujarat Maritime Board to jointly identify opportunities to develop additional ports along the coast of Gujarat.

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