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DPW and CDPQ sign Maspion agreement


DPW and CDPQ sign Maspion agreement
DP World alongside its partner Caisse de dépôt et placement du Québec (CDPQ), a global investment group, today signed a long-term agreement with Indonesia’s leading conglomerate Maspion Group to start the construction of an international container port and industrial logistics park in Gresik.
Work on the projects is expected to begin in the third quarter of 2021, with a total investment of up to USD 1.2 billion, enhancing East Java’s position as a key trade gateway for Indonesia.
The signing ceremony was held in the presence of the Coordinating Minister for Maritime and Investment Affairs of the Republic of Indonesia, Mr. Luhut Binsar Pandjaitan, and the United Arab Emirates’ Minister of Energy and Infrastructure, H.E. Suhail Al Mazrouei, in Jakarta at the Indonesia-Emirates Amazing Week 2021 Building Path Towards Economic Recovery business forum. The signatories of the formal agreements are Sultan Ahmed Bin Sulayem, ....

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DP World, CDPQ sign $1.2 billion deal to build port, park in Indonesia


DP World, CDPQ sign $1.2 billion deal to build port, park in Indonesia
06 Mar 2021
Sultan Ahmed Bin Sulayem and Dr Alim Markus sign the agreement in the presence of Suhail Al Mazrouei and Luhut Binsar Pandjaitan in Jakarta. WAM
DP World, the leading provider of smart supply chain logistics, alongside its partner Caisse de depot et placement du Quebec (CDPQ), a global investment group, signed a long-term agreement with Indonesia’s leading conglomerate Maspion Group to start the construction of an international container port and industrial logistics park in Gresik.
Work on the projects is expected to begin in the third quarter of 2021, with a total investment of up to $1.2 billion, enhancing East Java’s position as a key trade gateway for Indonesia. ....

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