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  • 25-07-19

    DP World, Maspion Group ink 2 agreements

    (MENAFN) DP World, a global port operator based in Dubai in the United Arab Emirates (UAE), signed a couple of initial deals with Indonesia's Maspion Group.

    Under the two preliminary agreements, both sides will be establishing a container port and industrial logistics park valued at USD1.2 billion.

    Both sides are looking through the contracts to form an integrated container terminal as well as an industrial logistics park to act as a trade gateway for Eastern Java.

    Maspion International Container Port will be constructed by DP World and Maspion Group with USD1.2 billion of investments.

    MENAFN2507201900450000ID1098801830

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