DP World and the Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) are injecting new cashflow into their terminal and port investment platform, set up in 2016 and holding 55% of the shares in the Dubai terminal group.
4.5 billion dollars will be added to the current fund, which will now total 8.2 billion dollars.
Through the port investment platform, investments have been made in 10 port terminals around the world, across North America, Latin America and Asia.
The two partners have added that they will also evaluate new investment opportunities in the field of integrated supply chain and logistics services related to terminal activities.
Translation by Giles Foster