DP World To Invest $760m in Dominican Republic Port of Caucedo

Seaports, corporate, business and industry news (otherwise): The port operator wants to make the port of Caucedo the most modern logistics hub in the Caribbean and strengthen the resilience of supply chains across the Americas.

DP World pledges $760m to expand Dominican Republic port

DP World has signed a memorandum of understanding (MoU) with the Dominican Republic government, committing to a $760m investmentThe post DP World pledges $760m to expand Dominican Republic port appeared first on Ship Technology.

DP World to Transform Port of Caucedo into Advanced Logistics Hub in the Caribbean

Dubai-based DP World, a multinational logistics company, has sealed a US$760 million deal with the government of the Dominican Republic to expand the Port of Caucedo and its Free Trade Zone (FTZ). This is a major project for the Caribbean nation to become a leading manufacturing and logistics hub in the region. The deal will DP World has boosted the Dominican Republic with US$760 million investment to transform the Port of Caucedo into a leading…

DP World To Invest $760m in Dominican Republic Port of Caucedo

Dubai-based DP World, a major international logistics company, has announced the launch of a Free Trade Zone in the Dominican Republic. A $760m investment will expand capacity at the Port of Caucedo from 2.5m TEUs (twenty-foot equivalent units) to 3.1m. The Free Trade Zone will expand onto 225 hectars of thus-far undeveloped land.

DP World strengthens its Dominican foothold

Emirati port and logistics multinational DP World has signed a landmark agreement to invest $760 million in the expansion of the Port of Caucedo and its adjoining free trade zone. The deal, which has been formalised through a Memorandum of Understanding (MoU) with the Dominican Republic’s Ministry of Industry, Commerce, and MSMEs (MICM), marks a significant boost for the

DP World to spend $760m expanding Caucedo port in the Dominican Republic

Global terminal operator DP World has signed a deal in Latin America to spend $760m expanding the Dominican Republic’s Port of Caucedo and its free trade zone. DP World said the Dominican Republic offers a compelling environment for manufacturers and logistics providers by offering competitive costs, robust tax incentives, and proximity to US markets and …