Monday, January 22, 2018

DP World, NIIF to invest $3 billion in ports and logistics business in India

DP World is a leading enabler of global trade and an integral part of the supply chain Logistics

January 22, 2018: DP World and National Investment and Infrastructure Fund (NIIF) have joined hands to form an investment platform to invest in ports, terminals, transportation and logistics businesses in India. According to reports, the platform will invest up to $3 billion of equity to acquire assets and develop projects in the sector.A Memorandum of Understanding (MoU) was signed in May 2017 between Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and

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