"Dubai Ports", major shareholder of "Hyper Lube": pledges to support the vision of the 2030 Kingdom



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Sultan Ahmed Bin Sulayem, President and CEO of DP World, a member of Virgin Hyperlink One, the largest shareholder in the Hyper-Lone project, said:

"As the leading investor in the port of Jeddah 20 years ago, we are committed to supporting the Kingdom's efforts to grow its economy.Trade and infrastructure are essential to support growth, technology and innovation. automating."

"We are working closely with the Saudi government to explore new opportunities for this growth, and as partners in the Saudi government, we are committed to supporting the Kingdom's Vision 2030 and aim to create long-term value by providing innovative and sustainable solutions that benefit everyone.

"We are aware of the need for a high speed HyperLoop network called Cargo Speed, which responds very quickly to worldwide shipping needs.This technology serves our vision of facilitating smart commerce around the world. whole. " This decision was made following the resignation of Richard Branson as president of Virgin Hyperlink.

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