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23 September 2020 The on-line newspaper devoted to the world of transports 11:20 GMT+2

September 3, 2020

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DP World and Caisse de dép't et placement du Quebec equips their investment platform with more Resources

Opportunities will be considered both in the port sector and logistics

Dubai's DP World Terminal Group and the Fund Canadian pension Caisse de dép't et placement du Quebec (CDPQ), which at the end of 2016 had announced the establishment of an investment platform in the terminalistic and port ( 5 December 2016), announced today that they have decided on further investments of USD 4.5 billion that will increase resources available to the platform at a total of 8.2 Billion.

Currently, the platform has been carried out investments in 10 port terminals in North America, America Asia-Pacific and the two partners announced that the new resources will allow DP World and CDPQ to explore opportunities to expand the platform both in the regions it is already present in other markets. In addition, two partners have specified that they will also consider investment opportunities in different services that make part of the integrated supply chain, such as services related to terminal activities.

Since the establishment of their DP World and CDPQ partnerships, they have consists of the following joint ventures of which they hold 55% and 45% of capital respectively: DP World Australia (Australia), DP World Canada Investment Inc (Canada), DP World Caucedo Investments Inc. DP World Holding UK Ltd. (UK) (Chile).

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