DP World signs MoU for special economic zone in Kazakhstan
DP World ( DPW.DI) has signed an agreement with Kazakhstan to develop a special economic zone in the Caspian Sea city of Aktau, according to the national quoting a statement, where DP World and Kazakhstan will look at opportunities to add shipping capacity and develop a logistics area. The MoU was signed by DP World Group chairman Sultan Ahmad Bin Sulayem and Manistau governor Akim Alik Aidarbayev in the presence of Kazakhstan first deputy prime minister Askar Mamin. DP World has existing contracts in Kazakhstan to develop port facilities and logistics zones, including agreements with the Port of Aktau and the country’s national railway company. A Kazakh delegation led by president Nursultan Nazarbayev is in the UAE this week attending the World Future Energy Summit. (The National, Reuters) DP World (DU): AED19.30 as of 16 Jan, Rating: Buy, TP: AED22.00/share, MCap: USD16,019mn, DPW DU / DPW.DI
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.