DP World and National Investment and Infrastructure Fund (Niif) Partner to create platform for investments in ports, transportation and logistics sector
DP World and India’s NIIF announce the creation of an investment platform to invest in ports, terminals, transportation and logistics businesses in India, the company said in its press release. The platform will invest up to US$ 3 billion of equity to acquire assets and develop projects in the sector. The partnership follows the Memorandum of Understanding (MoU) signed in May 2017. The platform will also look at opportunities beyond sea ports such as river ports and transportation, freight corridors, port - led special economic zones, inland container terminals, and logistics infrastructure including cold storage.