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World Ports Operator DP World plans to build a logistics complex in Ethiopia to supply landlocked African countries, said Sultan bin Sulayem, CEO of DP World Group and President 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 the port, and from there they can be transported to different landlocked countries of Africa. Business groups in Dubai can still benefit from the presence of DP World in different countries, including Rwanda and Egypt, where re-export opportunities are plentiful, "said Bin Sulayem
. "We have noticed that the cost of transport is still very high in these countries and this has led us to propose solutions to reduce the cost and make land and sea transport more efficient." This will help Dubai companies, for example, to ship their goods from India at a reduced cost.We also review the handling charges to make sure they are still acceptable, "he explained
Bin Sulayem's said at a meeting with business leaders, investors and businessmen from different economic sectors in Dubai DP World operates 80 terminals and ports on six continents
The group invests at currently in ports, services and logistics in India, Kenya, Uganda and in East African countries such as Somaliland and Ethiopia. said the world is experiencing rapid changes and developments in the trade. "There is now more focus on fair trade on the agenda and foreign policy of countries like the United States, which means that protective measures will be taken to curb the flow of goods from the United States. the European Union and China to the US market ". 19659002] Bin Sulayem stated that DP World was increasing investment in the transport sector in India and that this would contribute to the development of infrastructure and logistics facilities.
Bin Sulayem also talked about the NAU project, the recently approved dhow shake-up initiative by the ports. The Customs and Free Zone Corporation (PCFC) are part of the 10X initiative projects that place the Dubai government on a mission with 10 years ahead of all other cities.
Reduction of Costs
Bin Sulayem said the continuous improvement of business The climate and the reduction of the cost of doing business in Dubai are a priority of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and ruler of Dubai. [19659002] "We realize that some government fees can be reduced, the Executive Board is reviewing it to avoid duplication of fees imposed by certain departments." He also revealed that the PCFC is now considering set up fenced areas outside the Jebel Ali Fre area that would include warehouses and offer the same benefits as a free zone.
Source: Khaleej Times Window
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