Maritime Giant, DP World plans Multibillion-Dollar Port Project in Nigeria

The International Maritime Giant, DP World, has announced plans to develop a Multibillion-Dollar Port Project in Nigeria.

Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World, revealed the Company’s intentions during a Courtesy Visit to Vice-President Shettima on the Sidelines of the ongoing UNGA.

The Proposal comes as a direct response to President Tinubu’s aggressive Investment drive and efforts to improve the Ease of Doing Business in the Country.

Sulayem said, “Nigeria is a Massive Market with hugely underutilised potentials.

”The Nigerian Market has the Capacity to dominate this Sector in Africa. It is a major African Country with a huge Asset and Resource Base.

“With our Supply Chain of over 2,500 Points of Sale to Nigeria, we will bring in the requisite Capital, Human and Material Resources needed to achieve this feat.”

He lexpressed confidence in the Nigerian Economy, citing the Country’s vast Import and Export Market as a key Factor in their decision to invest.

Welcoming the Initiative, Shettima said the “Proposal is a testament to President Tinubu’s avowed commitment to attracting Foreign Investments” to Nigeria.

He emphasised the Administration’s ongoing efforts to create a more Investor-Friendly Environment.

According to him, Nigeria is open to Investors from around the World.

”We are witnessing a total rejuvenation in terms of Economic Policies aimed at freeing up the Economy and making way for a free, fair, and enduring Market.”

Shettima assured the Investors of the Government’s full support and the Administration’s dedication to facilitating Foreign Investment and Economic Growth.

Credit NAN: Texts excluding Headline