Thursday, 6 January 2022

#Dubai's DP World to build dry port in India's Jammu and Kashmir, regional leader says | Reuters

Dubai's DP World to build dry port in India's Jammu and Kashmir, regional leader says | Reuters

Dubai ports giant DP World is set to build an inland port in Jammu and Kashmir as part of plans by the emirate to invest in the Indian territory, the head of the region said on Thursday.

The Indian government last year said Dubai, part of the United Arab Emirates (UAE), would invest in infrastructure and other projects in the disputed region claimed by India and Pakistan but ruled in parts by both.

Jammu and Kashmir Lieutenant Governor Manoj Sinha, who is in Dubai this week to promote investment, said DP World would soon visit the 250 acre site earmarked for the inland port facility.

"We will finalise it shortly," he told Reuters, describing the project as a "firm commitment" by state-owned DP World.

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