(Bloomberg) -- DP World, thwarted in an attempt to
expand in the U.S., is seeking to buy or expand port facilities
in China and India as trade booms in the world's two-fastest
growing major economies.
The company, the third-biggest container terminal operator,
needs to expand in India and China to meet its target of doubling
capacity by 2016, Sultan Ahmed Bin Sulayem said today in an
interview in Singapore. Owned by the government of Dubai in the
United Arab Emirates, DP World is in talks to acquire Chinese
port assets, he said.
Read more at Bloomberg Currencies News
expand in the U.S., is seeking to buy or expand port facilities
in China and India as trade booms in the world's two-fastest
growing major economies.
The company, the third-biggest container terminal operator,
needs to expand in India and China to meet its target of doubling
capacity by 2016, Sultan Ahmed Bin Sulayem said today in an
interview in Singapore. Owned by the government of Dubai in the
United Arab Emirates, DP World is in talks to acquire Chinese
port assets, he said.
Read more at Bloomberg Currencies News
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