Wednesday, July 11, 2007

DP World Plans to Expand Port Facilities in China, India as Trade Booms

(Bloomberg) -- DP World, the world's third-biggest
container terminal operator, is seeking to buy or expand port
facilities in China and India as trade booms in the world's two
fastest growing major economies.

``India and China are two important markets for us,''
Chairman Sultan Ahmed Bin Sulayem said today in an interview in
Singapore. ``India, we are well covered both in the east and
west coasts. China we need to cover more.''


Read more at Bloomberg Emerging Markets News

No comments: