DP World in pact to build $1.2b container port and logistics park in Indonesia
DP World and CDPQ sign long-term port and logistics park agreement with Maspion Group
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DP World and CDPQ sign long-term port and logistics park agreement with Maspion Group
Strategic partnership between DP World and CDPQ’s joint platform and Maspion Group for a $1.2 billion container port and industrial logistics park...
DP World to set up $1.2bn port, logistics park in Indonesia DUBAI, March 6, 2021 DP World, the leading provider of smart supply chain logistics, said it has joined hands with Caisse de dépôt et placement du Québec (CDPQ) and Indonesia's leading conglomerate Maspion Group to set up an international container port and industrial logistics park at Gresik region of East Java. Work on the projects is expected to begin in the third quarter of 2021, with a total investment of up to $1.2 billion, thus enhancing East Java's position as a key trade gateway for Indonesia. As per the agr...
Strategic partnership between DP World and CDPQ's joint platform and Maspion Group for a $1.2 billion container port and industrial logistics park in East Java
Commercial operations at container terminal in East Java are expected to begin in 2023