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Dubai: DP World Chairman Discusses Future of Trade at World Economic Forum

Source: www.export-egypt.com 1/30/2018, Location: Middle East

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DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, and other world leaders have discussed international partnerships to shape the future of world trade, on the sidelines of the World Economic Forum in Davos, Switzerland.

Bin Sulayem met with President Petro Poroshenko of Ukraine, President Joao Lourenco of Angola, and Peruvian Prime Minister Mercedes Araoz, to discuss areas of mutual interest and explore trade issues and infrastructure opportunities.

He outlined the global trade enabler’s strategy to develop complementary sectors in the global supply chain such as industrial parks, free zones and logistics to add further value for all its stakeholders. Setting up these across its business and in new locations around the world will be a major focus in the coming year.

"Effective partnerships in each of the 40 countries where we operate today has been the foundation of our success and we’re always keen to build on existing relationships and open new ones.

Our industry has a lot to look forward to this year and issues such as trade agreements, the growth and influence of emerging economies, economic diversification and technological innovation that will disrupt the way we do business globally," bin Sulayem said.

"Peru has been a major part of our operations in South America for some years and the continent is a key market for us. Africa continues to offer many opportunities to grow our business there where we already have a sizeable presence.

Ukraine has a promising logistics sector and with the right environment for economic development supported by favourable foreign and domestic policies, it will grow rapidly," he added.

In Peru, DP World operates DP World Callao, the main container terminal of Callao Port which handles 90 percent of the country’s total container trade. DP World Peru also opened the first smart logistics centre in Lurin, 40 kilometres south of the capital Lima, connected through optical fibres to its terminal at Callao.

The centre delivers information to the port and customs, enabling customers to manage the movement of their cargo using their own electronic devices and smartphones.

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