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DP World plans to set up a logistics facility in Ethiopia

 

 

Addis Ababa, June 30, 2018 (FBC) -The DP World, one of the leading global ports operator and trade enabler, is planning to set up a logistics facility in Ethiopia to facilitate transport of goods to landlocked countries in Africa.

This was revealed by Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation.

“We are planning to set up a logistics complex in Ethiopia where goods can be transported from the port to it, and from there it can be transported to different African landlocked countries,” Emirates New Agency quoted him as saying.

“We have signed a number of agreements with Ethiopia that will promote our friendly relationships with them,” bin Sulayem remarked during an open dialogue with trade and business groups in Dubai.

Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Sheikh Mohammed bin Zayed Al Nahyan, visited Ethiopia this month.

During the visit, Ethiopian Prime Minister Dr Abiy Ahmed and the Crown Prince held talks covering bilateral ties of friendship and cooperation, strategic partnership between the two countries and regional and international issues of mutual interest.

They discussed political, economic, investment and development relations and the potentials of furthering them, particularly in the vital; fields of mutual interest.

The two sides also stressed the need to step up coordination to explore new opportunities for cooperation.

Following the discussion, the Crown Prince pledged a total of 3 billion US dollars in aid and investments to Ethiopia.

User Comments ( 1 )

  • Hassan

    good news

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