DP World in Philippines Talks
Dubai-based DP World Group chairman and CEO Sultan Ahmed bin Sulayem has held discussions with senior Philippines officials on trade and business opportunities.
DP World is present in the Philippines through its stake in Asian Terminals Inc., which operates the modern South Harbour in Manila. ATI is the sole container terminal and multi-cargo port operator of South Harbour, the Philippines' key terminal in the country's biggest market providing services for containerised and non-containerised cargoes and passengers.
The discussions revolved around the government's plans for development of the maritime sector, privatisation and efforts to develop infrastructure.
"We had a cordial and fruitful meeting with Cabinet Secretary Jose Rene Almendras, who expressed great support of DP World's operations in the Philippines and praised our contribution to the economic growth of the country. The Philippines is a strategic location for DP World and a key part of our Asia Pacific region operations. We are keen to share our experiences and apply our proven expertise in the marine, logistics and trade sectors to further develop our partnerships there. We look forward to building on our excellent relations in the future," stated Sultan bin Sulayem.
The company provides integrated port solutions to customers through facilities outside Manila which include the Port of Batangas, which has an annual throughput capacity of 300,000 TEU and handles passengers, Ro-Ro transport, bulk and break-bulk cargo.
