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Tue, May

DP World pledges $760m to expand Dominican Republic port

DP World pledges $760m to expand Dominican Republic port

Ports World
DP World pledges $760m to expand Dominican Republic port
The MoU with the Ministry of Industry, Commerce, and MSMES initiates talks to boost the port’s container capacity from 2.5 million to 3.1 million TEUs. Credit: DP World.

DP World has signed a non-binding memorandum of understanding (MoU) with the Dominican Republic government, pledging to a $760m investment aimed at enhancing the Port of Caucedo and its Free Trade Zone.

This MoU was signed with the Ministry of Industry,

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