Government • 06 March, 2019

DP World: Economic fundamentals of Kazakhstan are very strong and we look forward to continue investing here

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Meeting between the Prime Minister of Kazakhstan Askar Mamin and Chairman and CEO of Dubai Port World Group Sultan Ahmed Bin Sulayem took place in Astana.  

The discussions were focused on the potential of DP World investing in new infrastructure in Kazakhstan’s ports and logistics sectors.
The meeting resulted in the signing of two framework agreements between DP World and the Government of Kazakhstan for special economic zones of Aktau Sea Port and Khorgos.

DP World has been providing management services to the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea, and Khorgos SEZ and Inland Container Terminal, which is strategically situated on the China-Kazakhstan border and has been acting as the primary transit point for trans-Eurasian cargo trains. DP World considers that both facilities play an important role in enhancing trade connectivity along the New Silk Route and have further actively promoted business connectivity between Kazakhstan and Dubai.

“Our expertise in developing logistics and trade enabling infrastructure will benefit tremendously from building facilities in Kazakhstan and to the needs of local businesses. We believe that the economic fundamentals of Kazakhstan are very strong, which is why look forward to continue investing there. President Nursultan Nazarbayev’s vision and progressive policies have laid the groundwork for linking the Far East to Europe and ensuring that the Khorgos Internal Container Depot and SEZ play a crucial role in facilitating this,” DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem said.

Today Dubai Port World operates with more than 78 terminals on 6 continents. This is the third largest port operator in the world. The gross revenue of the company in 2017 amounted to more than $4 billion.

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