DP World and Georgia lay foundations for future project

DP World Group Chairman and CEO HE Sultan Ahmed Bin Sulayem has met with the Prime Minister of Georgia, Giorgi Kvirikashvili, to explore future opportunities for economic co-operation.

During discussions at the Annual Investment Meeting in Dubai, which was also attended by DP World Vice Chairman Jamal Majid Bin Thaniah and senior company officials, HE Bin Sulayem – who additionally acts as Chairman of Ports, Customs and Freezones Corporation – made a range of suggestions for Georgia’s trade and logistics development plans, with a focus on remaining cost effective and up to date with industry trends.

Both parties agreed that a DP World research team should visit the country to evaluate the potential for the possible construction of a marine terminal, inland terminal, logistics park or economic zone, similar to many other projects being developed along the New Silk Way between China and Europe.

HE Sultan Ahmed Bin Sulayem said: “Georgia presents a promising business environment where trade can play an ever greater role in developing the country’s manufacturing base, while encouraging growth of the state’s extensive logistics, distribution and warehousing potential. Georgia is also well placed to facilitate trade between Aktau port in Kazakhstan along the New Silk Way, providing access to the Black Sea.

“The country’s leadership is committed to its people, working to provide a stable, welcoming and predictable trade environment for investors, which is key. Dubai is an example of that where our remarkable growth story stems from the UAE’s visionary leadership who embarked on an incredible journey. We are honoured to be able to share this insight and expertise with countries like Georgia.”

DP World advises governments through its experiences and expertise in multiple locations in over 40 countries. DP World also provides the Kazakhstan government advisory services for the development of the Khorgos Special Economic Zone and Inland Container Depot with a similar arrangement under a separate contract for the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea. The company operates a range of terminals in locations along the New Silk Way linking China to Europe, enabling trade on a vital portion of the global supply chain.