DP World, Dubai-based global operator of shipping terminals, diversified its global business portfolio through investments and acquisitions worth $3 billion in 2018, the company said.
It also deepened its engagement with revolutionary new technologies and extended meaningful support to environmental initiatives around the world during the year, achieving strategic growth in diverse fields, it said.
The headline projects were the launch of DP World Cargospeed with Virgin Hyperloop One and taking over leadership of the technology company; digital transformation of business operations across the global portfolio; the game-changing high bay storage system for containers at Jebel Ali; the successful launch of a $3 billion investment platform in India; acquisition of complementary businesses in Europe, India and Peru; and container port development projects in Africa.
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