DP World eyes more business opportunities in Philippines

DP World operates four terminals in the Philippines and is a partner in Asian Terminals, which operates the modern South Harbour in Manila.



By Staff Report

Published: Wed 9 Mar 2016, 11:00 PM

Last updated: Thu 10 Mar 2016, 1:42 PM

Dubai: DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation Sultan Ahmed bin Sulayem has met senior officials in the Office of the President of the Philippines to discuss trade and business opportunities.
During the meeting held in Manila with the Cabinet Secretary Jose Rene Almendras, discussions revolved around the government's plans for development of the maritime sector, privatisation and efforts to develop infrastructure.
Commenting on the meeting, Sultan bin Sulayem, said: "We had a cordial and fruitful meeting with Jose Rene Almendras who expressed great support of DP World's operations in the Philippines and praised our contribution to the economic growth of the country. The Philippines is a strategic location for DP World and a key part of our Asia Pacific region operations. We are keen to share our experiences and apply our proven expertise in the marine, logistics and trade sectors to further develop our partnerships there. We look forward to building on our excellent relations in the future."
DP World operates four terminals in the Philippines and is a partner in Asian Terminals, which operates the modern South Harbour in Manila. ATI is the sole container terminal and multi-cargo port operator of South Harbour, the Philippines' key terminal in the country's biggest market providing services for containerised and non-containerised cargoes and passengers.
Dubai's non-oil foreign trade with the Philippines grew by 13 per cent in 2014 and reached Dh2.33 billion by the end of the year compared to Dh2.06 billion in 2013.
- business@khaleejtimes.com


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