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indian foreign investment

DP World and NIIF commit $3 billion to finance India shipping

January 23, 2018 12:05 am Published by

DP World and the National Investment and Infrastructure Fund (NIIF) have created an investment platform to finance ports, terminals, transportation, and logistics businesses in India. The initiative will invest up to $3 billion of equity to acquire assets and develop container freight and other logistics related projects in the sector.

DP World has been a part of India’s growth story for nearly two decades and we are delighted to continue our success by joining forces with a strong strategic partner, the National Investment and Infrastructure Fund (NIIF). We believe that our expertise in building best-in-class logistics infrastructure together with the NIIF’s local knowledge and government partnership is the right combination to take advantage of the significant growth opportunities in India. We are proud to partner with NIIF and share our expertise and experience in these areas and the global supply chain to provide cost effective logistics and warehousing solutions to India's growing economy and trade.- Group Chairman and CEO, DP World

The platform will also look at opportunities beyond sea ports, such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure; including cold storage.

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