DP World forms $3bn Indian investment platform

DP World forms $3bn Indian investment platform

Dubai terminal operator DP World is partnering with India’s de facto sovereign wealth fund to invest in Indian infrastructure projects.

DP World and India’s National Investment and Infrastructure Fund (NIIF) have agreed to invest up to $3bn in ports, terminals, transportation and logistics businesses in India.

“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,” DP World said in a statement.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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