DP World and Caisse de dépôt et placement du Québec (CDPQ) have expanded their ports and terminals investment through a new commitment of $4.5 billion, that will increase the total size of the platform to $8.2 billion.
DP World holds 55 percent share of the platform, and CDPQ the remaining 45 percent.
Since its launch in December 2016, the platform has invested in 10 port terminals globally and across various stages of the asset life cycle. The enhanced platform will continue to target assets globally, but with an increased scope to broaden its footprint in existing geographies, as well as new regions, such as Europe and Asia Pacific. The investment platform will pursue its deployment and diversification objectives by expanding across a wider part of the integrated marine supply chain, such as logistics services linked to terminals.
“The opportunity for the port and logistics industry is significant and the outlook remains positive as consumer demand trigge
