DP World and the National Investment and Infrastructure Fund (NIIF) have signed a Memorandum of Understanding (MoU) to develop the logistics sector in India
DP World had previously announced that it was seeking opportunities in the country worth over $1bn over the next few years. The MoU will be aimed at the development of port infrastructure of the Sagarmala project, creation of the Delhi–Mumbai Industrial Corridor, river transportation and cold chain storage, investing in port-led special economic zones, free trade zones, ICDs and cruise terminals.
Source: DP World
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