Dubai’s DP World and the National Investment and Infrastructure Fund (NIIF) have set up an investment platform based on a previous agreement, and will invest upto USD three billion to acquire assets and develop projects in the sector.
The investment will be used to develop ports, terminals, transportation and logistics businesses in India.
The investment 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.