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15 July 2019 The on-line newspaper devoted to the world of transports 22:27 GMT+2

March 18, 2019

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Original news
Agreement of cooperation between the Ministry of Transportation Rumanian and the DP World group

The terminalista society will manage the container terminal of Constanta until 2049

Yesterday to Bucharest, to Palace Victory, Rumanian president's house, the minister of the Transports of Rumania, Razvan Cuc, and the sultan Ahmed Bin Sulayem, president and managing director of the terminalista group DP World of Dubay, a memorandum of understanding, agreement of cooperation have undersigned - the Rumanian Prime Minister has explained, Viorica Danicila, in occasion of the event - with which he agrees to ulteriorly consolidate and to develop the partnership strategic between Rumania and the United Arab Emirates and to encourage the entrepreneurs of the Middle Eastern nation to invest in Rumania.

The DP World group manages from the 2003 container terminal of the port of Constanta, that 2004 have become operating in April, and last month is signed an understanding for the extension 30-year-old of the relative contract of concession to this landing place, that it will expire in 2049. The extension of the contract will involve for DP World new investments pairs to 100 million dollars in the Rumanian terminal and an ulterior contribution to the Rumanian economy pairs to beyond 230 million dollars that will join to about 200 million dollars already produced from the activity of the terminal. The container terminal has a annual ability to traffic pairs to about a million teu and in 2018 it has enlivened 668 thousand teu, with a bending of the -4,1% on 2017.

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