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Gujarat and DP World Sign Agreements To Strengthen Logistics In The State

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Logistics 11 Jan 2024 12:01 AM IST Live Mint

DP World has signed multiple Memorandums of Understanding (MoUs) worth INR 25,000 crores (INR 250 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.

Signed at Gandhinagar, during Vibrant Gujarat Global Summit 2024, 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.

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 in the august presence of Sheikh Mohamed bin Zayed Al Nahyan, President of UAE, and Narendra Modi as part of the summit in Gandhinagar.