DP World Chairman meets President of Uganada

DUBAI: DP World Chairman Sultan Ahmed bin Sulayem met with the President of Uganda Yoweri Museveni at DP World’s flagship Jebel Ali port in Dubai yesterday to discuss areas of future cooperation and mutual interest between Dubai and Uganda.

The meeting provided an opportunity for the global marine terminal operator to share with Mr. Museveni recent developments across its portfolio of more than 65 marine terminals spanning six continents.

DP World Chairman Sultan Ahmed bin Sulayem said: “It is an honour to be able to share our experiences in port and ‘beyond the gate’ development with a country as filled with potential as Uganda. Our success stems from a sound foundation of a far-sighted vision of our leaders combined with economic policies and investment incentives that encourage growth, as well as a keen focus on superior infrastructure development.

“Hinterland connectivity is vital in today’s complex and modern logistic networks and the Dubai Logistics Corridor (DLC) that provides seamless connectivity across sea, land and air is testament to this, significantly shortening transit times for our customers. This is another area of expertise we are happy to share, which can provide valuable insights to landlocked countries like Uganda.” The presidential visit concluded with a tour of the Jebel Ali port, which also comprises the world’s largest semi-automated container terminal, Terminal 3, and ranks ninth in world’s top ten largest ports – the only port outside the Far East on the list.

DP World has been a significant investor in African ports, operating eight terminals on the continent. In Djibouti, for example, it built the 1.2 million TEU (twenty foot equivalent container units) capacity Doraleh Container Terminal and contributes around 12 per cent to Djibouti’s GDP.

The company has doubled capacity in Dakar, Senegal to 600,000 TEU and increased volumes by more than a third, and has expanded its facilities at Maputo, Mozambique. In addition, DP World Sokhna in Egypt sits just south of the Suez Canal on the Red Sea on one of the world’s busiest maritime trade routes – the number of shipping lines calling at the port has risen from one in 2002, eight in 2008 (when DP World won its first concession here) to 14 today, and growing. DP World currently employs around 5,000 people in Africa.