Dubai-based DP World Eyes Expansion Into The Philippines' Logistics Sector

DP World, a leading global logistics firm headquartered in Dubai, United Arab Emirates, with operations spanning 15 ports worldwide, has unveiled plans to establish a presence in the Philippines, announced the Department of Trade and Industry (DTI).

DP World is poised to bring its expertise and innovation to the Philippines. I Photo: DP World Facebook

DTI Secretary Alfredo Pascual recently held discussions with DP World Group's Senior Vice President for Government Affairs, Omar Al Muhairi, and Senior VP for Corporate Finance and Business Development, Anirudh Talwar, in Abu Dhabi, UAE, to explore opportunities for the firm's expansion into the Philippine market.

As part of its global footprint, DP World is renowned for providing comprehensive supply chain logistics solutions, including container handling in ports, industrial parks, and economic zones.

With a workforce of 103,000 employees operating in 75 countries across every continent, DP World is poised to bring its expertise and innovation to the Philippines.

Secretary Pascual emphasized the significant economic potential of collaborating with DP World to develop the Philippines' logistics sector, which includes the establishment of industrial parks, economic zones, and the integration of digital solutions.

The planned investments by DP World align with the Philippines' vision to emerge as the next logistics hub in Asia.

Pascual highlighted the government's commitment to supporting the logistics sector's growth through strategic infrastructure projects under the 'Build Better More' program, focusing on enhancing seaports, airports, and railways to facilitate smoother gateway access and foster innovation.

Moreover, Pascual underscored the Philippines' attractiveness to foreign investors, citing legislative reforms such as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law and amendments to the Public Services Act, which offer flexible incentives and allow full foreign ownership in critical sectors.

Pascual reiterated the DTI's unwavering dedication to creating a conducive business environment that empowers companies to thrive and contribute to the nation's economic progress and prosperity.

With DP World's potential entry into the Philippines, the partnership holds promise for driving growth and further elevating the country's position in the global logistics landscape.

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