DP World CEO meets President od Panama
DP World Group Chairman and CEO, and Chairman of Ports, Customs and Freezones Corporation, Sultan Ahmed Bin Sulayem and the President of Panama, Juan Carlos Varela during their meeting in Panama City (Photo: DP World)
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To explore logistics and industrial parks and other opportunities relating to the expanded Panama Canal DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, has met with the President of Panama, Juan Carlos Varela.

The meeting was also attended by Roberto R. Roy, Minister f[ds_preview]or Canal Affairs and Augusto R. Arosemena, Minister of Commerce and Industry and other senior officials from the Panamanian government.

Bin Sulayem noted the Caucedo Logistics Centre in the Dominican Republic, the smart Logistics Centre in Lurin, Peru connected through optical fibres to DP World’s terminal in Callao and the development of Posorja in Ecuador with plans to build a logistics zone to create a regional trading hub as examples of how connectivity through industrial parks and freezones and multi-modal transport supported growth.

Bin Sulayem, said: »Panama is central to the development of trade in the region and a vital artery for commerce – serving surrounding nations and connecting oceans. Its role as an enabler of trade is key to the development of commerce and economies in the region as well as providing a major global trade route. The expanded Panama Canal has boosted capability to handle increased cargo and larger vessels so the development of logistics and locations for business to take advantage of its increased capabilities are important for the government there.«

He added: »Our international experience of developing and connecting marine and inland terminals with logistics centres, industrial parks and freezones is something we are exporting around the world and our discussions focused on how we could contribute to the development of the economy and support the business community.«

DP World is active in freezone and logistics solutions across its 77 marine and inland terminals such as its operations in Jebel Ali, Kazakhstan, Rwanda and London Gateway.